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On October 30, the Securities and Exchange Commission announced an award of nearly $150,000 to an unnamed whistleblower whose tips helped the agency stop a scheme that was defrauding investors. The tips provided by the whistleblower allowed the SEC to open an investigation and to provide emergency relief before more investors were harmed. The award represents 30 percent of the money collected by the SEC in the action, the maximum permitted by law. The award is a clear sign that the whistleblower provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act continue to gain momentum. This is the sixth whistleblower award since the implementation of the SEC’s whistleblower program two years ago. The largest award, announced on October 1, was for more than $14 million. Sean McKessy, chief of the SEC’s Office of the Whistleblower, observed that “This is continued momentum and success for the SEC’s whistleblower program that is bringing our investigators valuable and timely information to stop ongoing frauds before additional investors can be harmed.”