US CFTC Grants Its Biggest Award to a Single Whistleblower to Date


The US Commodity Futures Trading Commission (CFTC) granted its biggest award to date to a single whistleblower of nearly $200 million. According to the press release, the individual contributed ‘significantly’ with critical information that led to a successful enforcement action of two related cases by a US federal regulator and a foreign one.

In fact, the whistleblower provided information that proved wrongdoing in an investigation launched by the CFTC. “The whistleblower’s claim in connection with a third related action by a state regulator was denied because the whistleblower’s information was never shared with the state regulator,” the authority clarified.”

With the award given to the whistleblower, the CFTC has issued sanctions of over $3 billion to companies that had committed wrongdoings or failed to be compliant with regulatory rulings. The CFTC Whistleblower Program was created under Section 748 of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010.

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