The SEC announced a whistleblower award of more than $3.5 million to an employee whose tip bolstered an ongoing investigation with additional evidence of wrongdoing. Andrew Ceresney, director of the SEC's Division of Enforcement, emphasized that whistleblowers are eligible for rewards not only when their tip launches an investigation, but also when they provide information that advances an existing inquiry. The SEC's whistleblower program has now awarded more than $62 million to 28 whistleblowers since its inception in 2011.

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