Are you in compliance?

Don't miss out! Sign up today for our weekly newsletters and stay abreast of important GRC-related information and news.


Status message

Start your free, no obligation 5-day trial to continue exploring with full access.

CFTC whistleblower program finally scores big with $10 million award

Bruce Carton | April 8, 2016
As I noted here in February 2016, the U.S. Commodity Futures Trading Commission's Dodd-Frank whistleblower program had been off to a slow start, having paid out just two awards totaling $530,000 over the entire life of the program. That changed dramatically this week, however, when the CFTC announced a huge award of more than $10 million to a whistleblower who provided "key original information that led to a successful CFTC enforcement action." The CFTC emphasized that, by law, it protects the confidentiality of whistleblowers and that it does not disclose any identifying information. 
Aitan Goelman, Director of the CFTC’s Division of Enforcement, stated that the large award "shows the importance that the Commission places on incentivizing future...
Read this single article for $49, or click the subscribe button below to review subscription options.

Enjoy unlimited access to thousands of articles, browse five years of digital magazines, qualify for reduced admission to events, and more.