Skip to content

The Pickholz Law Offices

In 2010, the U.S. Congress enacted The Dodd–Frank Wall Street Reform and Consumer Protection Act (“Dodd-Frank”), which created the most substantial changes to the U.S. financial regulatory laws since the Great Depression.  Through the Dodd-Frank Act, the U.S. Congress established a comprehensive whistleblower program for the Securities and Exchange Commission (the “SEC”) for the first time.  It should be noted that the since Dodd-Frank is a Federal law, its jurisdiction covers the entirety of the United States.  Therefore, the SEC NY Whistleblower Program is really just a way of referring to the federal SEC Whistleblower Program when it has some connection to people or events in NY.

NY Whistleblower Program

In creating the SEC whistleblower program (and therefore the SEC NY Whistleblower Program), Congress sought to provide a monetary incentive to anyone who reports information about corporate frauds and securities law violations to the SEC.  If you report a fraud at the company you work for (or a fraud at another company) to the SEC, you may be eligible to become an SEC whistleblower.  Under the program, if someone voluntarily provides information about a fraud or other violation to the SEC, and the SEC brings a successful action based in part or in whole on that information, and the SEC collects more than $1 million, the SEC is required to give the eligible whistleblower(s) a monetary award of between 10% - 30% of the amount collected.

While the rules regarding the granting of an SEC whistleblower award are straightforward, there are other rules and procedures that must be followed for someone to ensure that they will qualify as an SEC whistleblower when applying for an SEC whistleblower reward.  If you are thinking about reporting information to the SEC and/or becoming an SEC whistleblower, you may want to consult with an SEC whistleblower attorney before contacting the SEC.

An established SEC whistleblower lawyer can guide you through the process of being an SEC whistleblower, such as, but not limited to:  filing your complaint, interacting with the SEC and its Staff on your behalf, pursuing your claim to an award, and appealing an award determination by the SEC’s Claims Review Staff should you disagree with its decision.

Pickholz Law Logo
Jason Pickholz -

The Pickholz Law Offices represents U.S. and international clients in securities and white collar cases. The Firm has helped whistleblowers report frauds to the SEC, CFTC, and IRS, and has defended clients in investigations by the SEC, CFTC, DOJ, FINRA, and other financial and securities enforcement regulators.

The Firm’s founder, Jason Pickholz, is the author of the two-volume book Securities Crimes, has appeared on tv and radio, and has taught continuing legal education courses. A former BigLaw partner, he has been representing clients in financial and securities fraud cases since 1995. In recognition of his many achievements, Mr. Pickholz was elected by his legal peers to be a Fellow of The New York Bar Foundation, an honor limited to just 1% of all attorneys in the New York State Bar Association.

Mr. Pickholz has been counsel in many high-profile cases. He was the first attorney ever to win an SEC whistleblower award on appeal to the Commission, which Inside Counsel magazine called one of the five key events in the history of the SEC whistleblower program. On the defense side, Mr. Pickholz has defended clients in the SEC’s COVID-19 investigations, the CFTC’s cryptocurrency cases, and a former US Senator, among others.

If you want to speak with a CFTC, IRS, or SEC whistleblower lawyer, or with a white collar defense lawyer, you can call the Firm at 347-746-1222.

The above information is not and should not be construed as providing legal advice. It is not and should never be considered as a substitute for consulting with your own lawyer. The use of this web site or this page does not constitute or create any attorney-client, fiduciary, or confidential relationship between The Pickholz Law Offices LLC and anyone using this web site, or anyone else. The information contained on this website is for informational purposes only. The content of this web site may not reflect current developments. Prior results do not guarantee a similar outcome. Results of prior cases or matters contained on this web site are not indicative of future results or outcomes, and should not be taken as a prediction, promise, or guarantee of any future result or outcome. No one who accesses this web site should act or refrain from acting based on anything contained on this web site. For additional terms-of-use and conditions governing the use of this web site, please view our full Terms and Conditions.