Filing Pointers From CFTC's Whistleblower Office

Law360, New York (October 12, 2012, 3:44 PM EDT) -- The Dodd-Frank Act created whistleblower programs at the U.S. Commodity Futures Trading Commission and the U.S. Securities and Exchange Commission. In a nutshell, the programs allow both agencies to pay monetary awards to eligible whistleblowers who voluntarily provide original information that leads to successful enforcement actions that result in more than $1 million in monetary sanctions.

Under certain conditions, both agencies can also pay whistleblower awards based on monetary sanctions obtained by other authorities. Both programs also feature anti-retaliation protections. Although there are important differences between...
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