CFTC Announces Two Significant Awards by Whistleblower Program
July 17, 2018
On July 12 and 16, 2018, the U.S. Commodity Futures Trading Commission announced two awards to whistleblowers, one its largest-ever award, approximately $30 million, and another its first award to a whistleblower living in a foreign country.
These awards—along with recent proposed changes meant to bolster the Securities and Exchange Commission’s own whistleblower regime—demonstrate that such programs likely will continue to be significant parts of the enforcement programs of both agencies and necessarily help shape their enforcement agendas in the coming years.
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