On July 27, 2017, the SEC announced it was awarding $1.7 million to a whistleblower despite the whistleblower’s limited culpability in the reported fraud and delay in reporting. See SEC Order Determining Whistleblower Award Claim, Exchange Act Release No. 81,227, File No. 2017-13 (July 27, 2017). The SEC said that waiving the noncompliance in this instance was appropriate because without the company insider’s assistance the serious fraud would otherwise have been difficult to detect.