The Commodities Futures Trading Commission (CFTC) has announced a whistleblower award without revealing the dollar amount of the award in order to protect the whistleblower’s identity.
The CFTC may be making a habit of withholding the amount of whistleblower awards. Whistleblower attorney Scott Silver calls it “An important additional step that insulates whistleblowers from being identified and facing personal and professional retaliation.” Continue reading
The CFTC (Commodities Futures Trading Commission) has announced that it will award over $1,000,000 to a whistleblower for providing a tip that helped to expose a scheme that violated the CEA (Commodity Exchange Act).
According to the press release, the whistleblower gave information first through their employer’s compliance program to another regulator, then to the CFTC.
The scheme isn’t named, but the release states that the tip led to charges being filed by the CFTC. Continue reading
SEC Whistleblower Lawyer Blog