The U.S. Commodity Futures Trading Commission (CFTC) approved updates to its whistleblower rules designed to encourage participation by making it easier for more whistleblowers to receive 30 percent awards.
The CFTC’s whistleblower program is similar to those of other federal agencies in that it offers a cash award to people who provide credible evidence of rule violations. Awards are generally a percentage of the federal penalty, with a 30 percent standard at the U.S. Department of Justice and the U.S. Securities and Exchange Commission (SEC).
