The US Commodity Futures Trading Commission announced a whistleblower award of approximately USD 700,000 after information provided by the whistleblower prompted the Commission to open an investigation and described misconduct later reflected in an order. The whistleblower also provided substantial assistance that helped conserve investigative resources, but the award was reduced due to an unreasonable delay in reporting the violations and the whistleblower’s culpability. The CFTC noted that its Whistleblower Program, created under Section 748 of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, has issued approximately USD 390 million in awards since 2014, linked to enforcement actions resulting in more than USD 3.2 billion in monetary sanctions. Eligible whistleblowers may receive 10 to 30 percent of collected monetary sanctions, with awards paid from the CFTC’s Customer Protection Fund funded by sanctions paid by violators, and confidentiality protections apply, including non-disclosure of the enforcement action name and the exact award amount. The Commission reiterated that individuals can submit tips on potential violations of the Commodity Exchange Act or CFTC rules electronically using Form TCR.
Commodity Futures Trading Commission 2025-05-29
US Commodity Futures Trading Commission announces approximately USD 700,000 whistleblower award reduced for delayed reporting and culpability
The US Commodity Futures Trading Commission (CFTC) awarded about USD 700,000 to a whistleblower whose information led to an investigation and order, despite a reduced award due to reporting delays and culpability. The CFTC's Whistleblower Program, established under the Dodd-Frank Act, has granted around USD 390 million since 2014, with awards ranging from 10 to 30 percent of collected sanctions. Whistleblowers are protected by confidentiality, and tips can be submitted electronically via Form TCR.