The Sec's Dodd-Frank Whistleblower Program

The SEC’s Dodd-Frank whistleblower program is getting a lot of attention now that the agency is announcing substantial rewards given for information. The SEC does not disclose the name of the company involved, nor the name of the whistleblower who received the reward, however, people still worry about maintaining their anonymity. While the whistleblower program has strong protections against retaliation, such as an employer firing an employee who gave the SEC a tip, there's no protection against gossip and social alienation.

Once an individual reports original information about a probable securities law violation, it may take months, or even years, before there is an SEC enforcement action. If no action is taken, or the sanctions against