Project On Government Oversight

The Securities and Exchange Commission’s whistleblower office, which opened last August, has already received almost 3,000 tips from around the U.S. and across the world, according to a MarketWatch report.

SEC Commissioner Luis Aguilar told enforcement officials at an event Thursday that the agency’s staff has seen a noticeable difference in the quality of information they have received since implementing a Dodd-Frank Act program that gives whistleblowers a 10% to 30% reward if they provide original information that leads to a successful enforcement case netting a penalty of $1 million or more.