(3) REVIEW.—The court shall review the deter-
mination made by the Commission in accordance 
with section 706 of title 5, United States Code. 
(g) FEDERAL TRADE COMMISSION CONSUMER PRO-
TECTION FUND.— 
(1) ESTABLISHMENT.—There is established in 
the Treasury of the United States a Fund to be 
known as the ‘‘Federal Trade Commission Consumer 
Protection Fund’’. 
(2) USE OF FUND.—The Fund shall be avail-
able to the Commission, without further appropria-
tion or fiscal year limitation, in order to pay for 
awards made to whistleblowers pursuant to sub-
section (a). 
(3) DEPOSITS AND CREDITS.— 
(A) IN GENERAL.—There shall be depos-
ited into or credited to the Fund an amount 
equal to any monetary sanctions collected by 
the Commission in any covered action, unless 
the balance of the Fund at the time the mone-
tary sanction is collected exceeds $500,000,000. 
(B) 
ADDITIONAL
AMOUNTS.—If 
the 
amounts deposited into or credited to the Fund 
under subparagraph (A) are not sufficient to 
pay an award made pursuant to subsection (a), 
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there shall be deposited into or credited to the 
Fund an amount equal to the unsatisfied por-
tion of the award from any monetary sanctions 
collected by the Commission in the covered ac-
tion on which the award is based. 
(4) INVESTMENTS.— 
(A) AMOUNTS IN FUND.—The Commission 
may request the Secretary of the Treasury to 
invest the portion of the Fund that is not re-
quired to meet the current needs of the Fund 
(as determined by the Commission). 
(B) 
ELIGIBLE
INVESTMENTS.—Invest-
ments shall be made by the Secretary of the 
Treasury in obligations of the United States or 
obligations that are guaranteed as to principal 
and interest by the United States, with matu-
rities suitable to the needs of the Fund (as de-
termined by the Commission). 
(C) INTEREST
AND
PROCEEDS
CRED-
ITED.—The interest on, and the proceeds from, 
the sale or redemption of any obligations held 
in the Fund shall be credited to, and form a 
part of, the Fund. 
(5) REPORTS TO CONGRESS.—Not later than 
October 30 of each year, the Commission shall sub-
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mit to the Committee on Energy and Commerce of 
the House of Representatives and the Committee on 
Commerce, Science, and Transportation of the Sen-
ate a report on— 
(A) the whistleblower award program es-
tablished under this section, including a de-
scription of the number of awards made pursu-
ant to subsection (a) and the types of cases in 
which such awards were made during the pre-
ceding fiscal year; 
(B) the balance of the Fund at the begin-
ning of the preceding fiscal year; 
(C) the amounts deposited into or credited 
to the Fund during the preceding fiscal year; 
(D) the amount of earnings on investments 
of amounts in the Fund during the preceding 
fiscal year; 
(E) the amount paid from the Fund to pay 
for awards made to whistleblowers pursuant to 
subsection (a) during the preceding fiscal year; 
(F) the balance of the Fund at the end of 
the preceding fiscal year; and 
(G) a complete set of audited financial 
statements, including a balance sheet, income 
statement, and cash flow analysis. 
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(h) RULES OF CONSTRUCTION.— 
(1) ORIGINAL
INFORMATION.—Original infor-
mation submitted to the Commission by a whistle-
blower in accordance with the requirements of this 
section shall not lose the status as original informa-
tion solely because the whistleblower submitted the 
information before the effective date of any regula-
tion issued under this Act if the information was 
submitted after the date of the enactment of this 
Act. 
(2) AWARDS.—A whistleblower— 
(A) may receive an award pursuant to sub-
section (a) regardless of whether the alleged 
covered violation underlying the covered action 
occurred before the date of the enactment of 
this Act; and 
(B) may receive an award pursuant to sub-
section (a) before the Commission promulgates 
any regulation pursuant to this Act. 
SEC. 4. RULEMAKING. 
The Commission may promulgate, under section 553 
of title 5, United States Code, any regulations the Com-
mission determines necessary to carry out the provisions 
of this Act. 
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SEC. 5. DEFINITIONS. 
In this Act: 
(1) COMMISSION.—The term ‘‘Commission’’ 
means the Federal Trade Commission. 
(2) COVERED ACTION.—The term ‘‘covered ac-
tion’’ means any administrative or judicial action or 
proceeding, including any related administrative or 
judicial action, brought by the Commission, or by 
the Attorney General on behalf of the Commission, 
in relation to a covered violation and that results in 
monetary sanctions exceeding $1,000,000. 
(3) COVERED
DISCLOSURE.—The term ‘‘cov-
ered disclosure’’ means a formal or informal commu-
nication or transmission that an individual reason-
ably believes relates to an alleged covered violation, 
including such a communication or transmission of 
such a violation that is part of the normal employ-
ment duties of the individual. 
(4) COVERED ENTITY.—The term ‘‘covered en-
tity’’ means an entity or individual that is subject to 
the jurisdiction of the Commission. 
(5) COVERED VIOLATION.—The term ‘‘covered 
violation’’ means— 
(A) a violation of any law, rule, or regula-
tion enforced by the Commission; or 
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(B) a violation of any order of the Com-
mission after such order has become final and 
while such order is in effect. 
(6) FUND.—The term ‘‘Fund’’ means the Fed-
eral Trade Commission Consumer Protection Fund 
established pursuant to section 3(g). 
(7) MONETARY SANCTIONS.—The term ‘‘mone-
tary sanctions’’, with respect to a covered action— 
(A) means monies, including penalties, 
disgorgement, or interest, ordered or agreed to 
be paid as a result of such action; and 
(B) does not include restitution (as deter-
mined by the Commission) for losses of, or re-
lief necessary to redress injury to, consumers, 
other persons, partnerships, and corporations. 
(8) ORIGINAL INFORMATION.—The term ‘‘origi-
nal information’’ means information that— 
(A) is derived from the independent knowl-
edge or analysis of a whistleblower; 
(B) is not known to the Commission from 
any other source, unless the whistleblower is the 
original source of the information; and 
(C) is not exclusively derived from an alle-
gation made in a judicial or an administrative 
action, governmental report, hearing, audit, or 
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