The document outlines 4 major whistleblower programs in the United States: 1) The SEC Whistleblower Program created by Dodd-Frank which offers financial rewards for reporting securities violations. 2) The Sarbanes-Oxley Whistleblower Program which protects employees who report accounting fraud and securities violations. 3) The CFTC Whistleblower Program established by Dodd-Frank which rewards reports of commodities and futures trading fraud with 10-30% of sanctions. 4) The Foreign Corrupt Practices Act program run by the DOJ and SEC which rewards reporting of international financial crimes like money laundering. These programs are designed to encourage whistleblowing and protect whistleblowers.

1. 4 Whistleblower Programs You Need to Know About
Whistleblowing is the act of reporting a company for illegal
activity or misconduct. In the last few years, we have seen several
high-profile whistleblowers come forward and report their
companies for unethical behavior. These individuals put their
careers at risk by speaking up. However, they did so with the
belief that it was the right thing to do. Thankfully, in recent years
there has been an increase in whistleblower programs designed
to protect and support people blowing the whistle. If you work in
a role where you have knowledge of potential illegal activity or other misconduct in your organization,
you should know about these programs, which provide significant protections for whistleblowers, so you
can take action if necessary.
U.S. Securities and Exchange Commission Whistleblower Program
The U.S. Securities and Exchange Commission Whistleblower Program was created as part of the Dodd-
Frank Act. It offers financial rewards to people who provide information that leads to successful
enforcement actions and monetary sanctions against companies and individuals that violate the federal
securities laws. The program is designed to encourage whistleblowers to report potential violations in
good faith and covers violations such as accounting fraud, insider trading, and false or misleading
statements made to investors and the public. The SEC Whistleblower Program is one of the most
generous whistleblower programs in the world when it comes to whistleblower awards, offering
rewards of between 10% and 30% of the monetary sanctions collected in an enforcement action.
Sarbanes-Oxley Whistleblower Program
The Sarbanes-Oxley Whistleblower Program was established in 2002 by the Sarbanes-Oxley Act and
offers financial rewards to people who report securities violations, including accounting fraud, false or
misleading financial statements, and other misconduct related to the securities industry. The Act
contains significant protections for whistleblowers to ensure that employees can safely disclose
information that may harm investors. The program is designed to encourage employees to report
potential violations in good faith and to protect them from retaliation and discrimination. The Act
prohibits a publicly-traded company, or any contractor or agent of such company, from retaliating
against an employee who blows the whistle on what they reasonably believe to be a violation of statutes
prohibiting mail fraud, wire fraud, bank fraud, or securities fraud, any rule or regulation of the Securities
and Exchange Commission, or any provision of Federal law relating to fraud against shareholders.
Commodities Foreign Trade Commission Program
Section 748 of the Dodd-Frank Act required the establishment of a whistleblower program by the
Commodities Foreign Trade Commission (CFTC). Whistleblowers may report a wide range of
commodities frauds under the CFTC’s Whistleblower Program including misappropriation, false
reporting, disruptive trading practices, price manipulation, or failure to make required reports. This also
includes legal off-exchange activity, registrants’ failure to supervise, and other types of market
manipulation. Whistleblowers who submit original information to the CFTC Whistleblower Office may be
eligible to receive a whistleblower award of 10% to 30% of the monetary sanctions collected in a CFTC

2. enforcement action or a Related Action. To be eligible to receive an award, a whistleblower must have
voluntarily provided original information that led to the successful enforcement of the CFTC action or
the Related Action.
Foreign Corrupt Practices Act
The Department of Justice (DOJ) and the Securities and Exchange Commission (SEC) share FCPA
enforcement authority. Whistleblower awards are given to those who report international frauds and
financial schemes, such as creating false company records and money laundering.
Conclusion
Whistleblowing is an important part of financial regulation that allows us to identify and address
misconduct and fraud that might otherwise go undetected. However, whistleblower programs are not
perfect. Many whistleblowers may not come forward for fear of retaliation. Fortunately, we have seen
an increase in whistleblower programs in recent years. These programs offer protections for
whistleblowers and whistleblower awards who report misconduct or fraud. They are essential for
creating a culture that supports whistleblowing and tackling financial misconduct and fraud. If you are
ready to blow the whistle, contact a whistleblower attorney today.