The Financial Post reports in its Saturday edition that two whistle-blowers will share more than $12-million for their help in a successful U.S. Securities and Exchange Commission enforcement action, the regulator announced Friday (all figures U.S.). A Bloomberg dispatch to the Post says that the first of the two whistle-blowers will receive more than $9-million, as the person sparked the investigation, identified witnesses and made "persistent efforts" to remedy the issues, according to the regulator. The second individual will get more than $3-million for submitting "important" new information. "The information and assistance provided by these two whistle-blowers in helping to identify complex wrongdoing demonstrates the importance of the whistle-blower program to the SEC's enforcement efforts," said Creola Kelly, head of the agency's whistle-blower office. Neither the enforcement action nor the identities of the whistle-blowers were disclosed, following agency policy. The program was established by the 2010 Dodd-Frank Act to organize and provide incentives to tipsters. Bloomberg notes that the SEC has paid out over $1-billion in awards since the program's inception.