The Securities and Exchange Commission is busy handling a deluge of whistleblower tips. An average of 7 tips per day has forced the SEC to triage the tips. Whistleblowers stand to receive substantial monetary awards for tips that lead to successful SEC action (“SEC Enforcement Division Buried in Whistleblower Tips,” by Ian Thoms, Law360). In accordance with the Dodd-Frank financial reform act, whistleblowers may receive from 10 percent to 30 percent of SEC recoveries greater than $1 million.