The Securities and Exchange Commission announced two whistleblowing awards totaling US $4.2 million. One award for US $2.5 million was approved for an employee of an unspecified government agency. The SEC said such an award was authorized despite there being a prohibition under applicable law from providing such awards to “a law enforcement organization” (Click here to access SEC Rule 21-F-8(c)(1).) The SEC said it was proper to interpret this rule as applying “only to employees of a clearly separate agency component that performs law enforcement functions, rather than to all employees of an entire agency that happens to have been granted law enforcement powers among its many other separate responsibilities and powers.”