CFTC Can Use Whistleblower Fund For Travel Expenses: GAO

By Max Stendahl (November 13, 2013, 12:21 PM EST) -- The U.S. Commodity Futures Trading Commission may withdraw money from its whistleblower award fund to pay for employees' travel expenses, a government watchdog ruled on Tuesday, following a request by the agency's general counsel.

The U.S. Government Accountability Office ruled that the CFTC could draw on the fund to pay for travel expenses incurred by personnel in the agency's whistleblower office. The travel must be related to speaking engagements and conferences where the public is educated about the office and the whistleblower provisions of the Commodity Exchange Act, the GAO said.

"These costs, as a component of the personnel and administrative...

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