The Commodity Futures Trading Commission announced a whistleblower award north of $1 million for a tipster who went through internal compliance at his or her company to get the information to regulators.
The CFTC, which provides confidentiality protections for all whistleblowers, noted the individual “first provided the information through their employer’s internal compliance program to another regulator and then subsequently provided that information directly to the CFTC.” The information resulted in charges filed against an entity for violations of the Commodity Exchange Act (CEA).
