The SEC adopted amendments to the whistleblower program rules in September 2020, aimed at enhancing the efficiency and transparency of the program. Key changes include streamlining the review process for award claims, allowing the SEC to adjust award amounts in certain circumstances, clarifying the definition of "independent analysis," and offering additional guidance on retaliation protections. Some whistleblower advocates, including Kohn, Kohn & Colapinto, criticize the changes for potentially reducing awards and creating uncertainty for whistleblowers, potentially discouraging them from coming forward. Read more.