CFTC Announces Multiple Whistleblower Awards Totaling More Than $45 Million

The Commodity Futures Trading Commission (CFTC) today announced multiple whistleblower awards totaling more than $45 million.  The awards demonstrate the growing success of the CFTC’s Whistleblower Program, in particular the increasing volume and complexity of incoming whistleblower submissions.

Recent CFTC Whistleblower Awards Signal Flexibility in Determining Award Percentage

Within one week, the CFTC issued two awards to whistleblowers, one in the amount of $30M and another in the amount of $70,000.  Although the orders are fairly sparse, they provide some important clues as to how the CFTC determines the amount of a CFTC whistleblower award (the percentage of the monetary sanctions collected in the covered judicial or administrative action that the CFTC awards the whistleblower).

CFTC Gives 1st Overseas Whistleblower Award

The U.S. Commodity Futures Exchange Commission has awarded a whistleblower bounty to a foreign resident for the first time, the agency announced on Monday, days after handing out its largest award to date.

CFTC Announces First Whistleblower Award To A Foreign Whistleblower

The Commodity Futures Trading Commission (CFTC) today announced an award of over $70,000 to a whistleblower who significantly contributed to an ongoing CFTC investigation and led the CFTC to a successful settlement.  The award is the first made by the CFTC’s Whistleblower Program to a whistleblower living in a foreign country and the sixth award to a whistleblower who provided valuable information about violations of the Commodity Exchange Act (CEA).

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