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CFTC wants to beef up whistleblower incentives

Joe Mont | September 8, 2016

The Commodity Futures Trading Commission is looking to escalate its enforcement efforts with recently proposed amendments to its whistleblower rules.

The move comes as the Securities and Exchange Commission’s whistleblower bounty program surpassed the $100 million mark with its second-largest award, more than $22 million.  Enforcement actions from whistleblower tips have resulted in more than $500 million in financial remedies, the SEC says. Its whistleblower program was established by Congress to incentivize “whistleblowers with specific, timely and credible information about federal securities laws violations.”

In April, the CFTC...

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