The CFTC Granted $45 Million in Whistleblower Rewards Last Month
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The CFTC Granted $45 Million in Whistleblower Rewards Last Month
The Commodity Futures Trading Commission (CFTC) announced a new series of whistleblower awards totalling over $45 million on Thursday, August 2nd. “The awards demonstrate the growing success of the CFTC’s Whistleblower Program, in particular the increasing volume and complexity of incoming whistleblower submissions,” an official statement from the Commission reads.
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Indeed, one whistleblower was awarded $30 million in July, which, at the time, was the largest ever amount granted to a single whistleblower since the program began. When the reward was announced, CFTC Chairman J. Christopher Giancarlo said “that an award of ... (read more)
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