SEC Releases First Full-Year Report on the Dodd-Frank Whistleblower Program: No Speedy Recoveries for Whistleblowers

On November 15, the SEC released its Fiscal Year 2012 Annual Report on the Dodd-Frank Whistleblower Program, the first full-year report issued since the enactment of Dodd-Frank.  The Report analyzes the 3,001 tips received over the last twelve months by the Commission’s Office of the Whistleblower and provides additional information on the whistleblower award evaluation process that resulted in its first (and only) award issuance in August 2012.  Please click here to read the Alert prepared by Orrick partner Mike Delikat and associate Rachel Coe.