BEFORE this step, be sure:
- You have submitted a tip, complaint, or referral (Form TCR) to the Whistleblower Office
- You have received confirmation from the Whistleblower Office that your Form TCR was received (but please email the Whistleblower Office at [email protected] if you have not received written confirmation within 14 days of your submission)
What to expect NEXT:
- If your tip is original information that was submitted voluntarily, you may be eligible for an award
- Applications for awards must be submitted within 90 days of (1) a Notice of Covered Action being posted, or (2) the date of an order in a Related Action
Notices of Covered Actions
After submitting a tip, complaint, or referral (Form TCR), wait for the Whistleblower Office to post a Notice of Covered Action. When the Commission obtains a judicial or administrative order that—by itself or together with judgments or orders in related Commission enforcement actions—imposes monetary sanctions exceeding $1,000,000, then the order becomes a covered judicial or administrative action upon which the Commission may pay out whistleblower awards. The Whistleblower Office will then post a Notice of Covered Action, and whistleblowers may begin applying for awards.
- You may subscribe to receive alerts related to new postings of Notices of Covered Actions
- You also may monitor the webpage for new Notices of Covered Actions.
Whistleblowers may also be eligible for awards based on Related Actions brought by certain other entities if there is also a successful CFTC action. If another governmental authority's investigation results in a successful enforcement action, a whistleblower may be eligible for an award associated with that order.
A Related Action is a successful judicial or administrative action brought by certain other specified entities that is based on the same original information voluntarily provided by a whistleblower to the CFTC that led to the successful enforcement of a CFTC action. Those entities may include the U.S. Department of Justice (for both civil and criminal matters); other federal departments or agencies, like the Federal Energy Regulatory Commission; state criminal or appropriate civil agencies; registered entities, registered futures associations, or self-regulatory organizations, like the National Futures Association; and foreign futures authorities. For more information, see Rule 165.11(a).
The CFTC will not make an award to a whistleblower for a Related Action if the whistleblower has been granted an award by the U.S. Securities and Exchange Commission (SEC) for the same action under the SEC's whistleblower program.
The Whistleblower Office does not post notices for Related Actions; whistleblowers are required to monitor on their own Related Actions and the CFTC enforcement actions to determine if there is an eligible Related Action. The CFTC does not contact individual whistleblowers to alert them about Related Actions.
Related Frequently Asked Questions
I have already submitted a tip to the CFTC. Why have I not heard back from the Commission?
Please understand that if you submitted information to the Commission, the Commission investigative staff may, or may not, contact you. Any inquiry conducted by the Commission as a result of any information you provide is confidential. The fact that the Commission may investigate a firm or person generally will not be disclosed until such time as a public proceeding is brought either before the Commission or in federal court.
Even if you have not been contacted by the Commission investigative staff, the Commission still encourages you to sign up for the Commission's and Whistleblower Program's Email Subscription Service to receive information updates, including Notices of Covered Actions that may be related to your submission. Links for these services can be found at the top of this webpage and the Commission's homepage at www.cftc.gov.
Are awards granted in connection with only certain orders?
Yes, only certain orders are eligible for payout of an award. One category is orders from Commission enforcement actions that result in monetary sanctions over $1 million, known as "Covered Actions." For those orders, the Commission posts Notices of Covered Actions on the Whistleblower Program website that identifies the orders and indicates the due date for award applications related to the order. The second category is orders obtained by other authorities in actions that are related to a successful Commission action and are based on information provided by a CFTC whistleblower, known as "Related Actions." The Commission does not post notices about Related Actions.
Why has the Whistleblower Office posted an Amended Notice of Covered Action? Do I need to file a new WB-APP?
When a Commission proceeding arises out of the same nucleus of operative facts as an earlier proceeding, the Commission will treat the later proceeding and the earlier proceeding as a single Covered Action. Rule 165.2(a)(1). The Whistleblower Office may post an amended Notice of Covered Action (“NCA”), with a new application deadline, for any whistleblowers who did not apply in response to the original NCA, but who believe, based on the resolution of the later proceeding, that they assisted in the Covered Action. All applicants for either the original NCA or the amended NCA will be considered for an award on the entire Covered Action.