section 924(d)

First Report of SEC’s Whistleblower Office Contains Some Surprises

On November 16, 2011, the SEC’s Office of the Whistleblower released its first annual report to Congress, as required by section 924(d) of the Dodd-Frank Act. The report only includes information about tips received after the final rules implementing the program became effective on August 12, 2011. As a result, it only includes seven weeks of data. Still, the information provides useful insights into the number and types of whistleblower complaints being received and some insights into the Office’s staffing and activities to date. Click here to read more.