- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By Jeff Dale2024-02-16T16:53:00
The Commodity Futures Trading Commission (CFTC) appointed Brian Young as director of its whistleblower office.
In announcing the move in a press release Thursday, CFTC Chairman Rostin Behnam emphasized the critical role whistleblowers play in assisting the agency to be a “strong cop on the beat.”
“Much of our Division of Enforcement’s success is tied to the strength of our whistleblower office,” Behnam said. “[Young]’s extensive experience covering the issues directly impacting our markets will ensure the continued success of the CFTC’s whistleblower program and the urgent need to provide individuals who have information the assurances needed to come forward.”
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2024-11-13T20:23:00Z By Adrianne Appel
“Unreasonably delayed reporting” cost one of two claimants whom will unevenly split a $4 million whistleblower award from the Commodity Futures Trading Commission for providing information that led to a successful enforcement action.
2024-06-20T15:37:00Z By Aaron Nicodemus
A whistleblower received an $8 million award from the Commodity Futures Trading Commission for uncovering fraud—even though the agency deemed the whistleblower was culpable in the misconduct.
2024-06-17T20:35:00Z By Aaron Nicodemus
Singapore-based commodity trading company Trafigura will pay $55 million to the Commodity Futures Trading Commission to settle charges related to fraud, manipulation, and impeding whistleblower communications with the agency.
2025-04-28T21:38:00Z By Aaron Nicodemus
Whistleblowing in the United States is being buffered by uncertainty from regulators who are backing off policing corruption and consumer protections. Regulators like the Department of Justice and the Securities and Exchange Commission are being thrown into disarray by layoffs and restructuring. Still, whistleblowers will likely continue coming forward.
2024-08-27T14:09:00Z By Adrianne Appel
Two pairs of claimants will receive whistleblower awards totaling more than $98 million and $24 million, respectively, for information they provided to the Securities and Exchange Commission that led to an enforcement action.
2024-08-23T15:47:00Z By Neil Hodge
Discrimination against whistleblowers in the U.K. has risen to such a level that the government may need to actively pursue plans to afford greater legal protection, as well as introduce financial awards to compensate for their “career suicide.”
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