Difference between revisions of "SEC Whistleblower Program"

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Whistleblowers have filed more than 40,200 tips with the SEC since August 2011. In a perfect world, the SEC would be able to investigate all legitimate tips and stop even immaterial violations. However, the SEC has limited resources, so it can pursue only the best tips. (See Tip #5 on how to get the SEC’s attention with your tip.)
Whistleblowers have filed more than 40,200 tips with the SEC since August 2011. In a perfect world, the SEC would be able to investigate all legitimate tips and stop even immaterial violations. However, the SEC has limited resources, so it can pursue only the best tips. (See Tip #5 on how to get the SEC’s attention with your tip.)


If you have a hunch about a violation but lack any proof, then it may be worth investigating further, rather than submitting an incomplete or speculative claim to the SEC. Tips generally fall to the wayside unless they provide “specific” and “credible” information about a material violation of the federal securities laws. That said, if you have such information about a material violation, you will most likely want to submit your [https://www.zuckermanlaw.com/sec-whistleblower-program-sec-form-tcr/ Form TCR] as soon as possible (see Tip #3) unless you are required to take [https://www.zuckermanlaw.com/sp_faq/can-compliance-personnel-auditors-officers-directors-obtain-award-sec-whistleblower-program/ <u>certain steps</u>] prior to submitting a tip in order to be eligible for an award.
If you have a hunch about a violation but lack any proof, then it may be worth investigating further, rather than submitting an incomplete or speculative claim to the SEC. Tips generally fall to the wayside unless they provide “specific” and “credible” information about a material violation of the federal securities laws. That said, if you have such information about a material violation, you will most likely want to submit your [https://www.zuckermanlaw.com/sec-whistleblower-program-sec-form-tcr/ Form TCR] as soon as possible (see Tip #3) unless you are required to take [https://www.zuckermanlaw.com/sp_faq/can-compliance-personnel-auditors-officers-directors-obtain-award-sec-whistleblower-program/ certain steps] prior to submitting a tip in order to be eligible for an award.


=='''Tip #2: Quickly Determine Eligibility Because It May Affect Award Percentage'''==
=='''Tip #2: Quickly Determine Eligibility Because It May Affect Award Percentage'''==