Law360 (April 2, 2019, 3:44 PM EDT) -- On March 4, 2019, the U.S. Commodity Futures Trading Commission announced a whistleblower award of over $2 million to an individual — unaffiliated with the company the CFTC charged — for providing expert analysis in conjunction with a related action instituted by another federal regulator. While the U.S. Securities and Exchange Commission, which possesses a similar whistleblower award regime, has previously issued awards to multiple claimants for both related actions and to company outsiders, this is the first such award to be granted by the CFTC in either respect.
The award demonstrates the CFTC's continued commitment to its whistleblower program, and to using all available...
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