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.
