U.S. securities regulators have awarded a record $14 million to a whistleblower who helped enforcement lawyers with an investigation to recover "substantial" investor funds.

According to Reuters, this is the largest-ever whistleblower award that the Securities and Exchange Commission has paid out since it launched its new incentive program under the 2010 Dodd-Frank Wall Street reform law. The case was not identified, as the whistleblower wished to remain anonymous.