CFTC Whistleblower Head Forecasts Big Things To Come
By Stephanie Russell-Kraft (May 1, 2015, 2:35 PM EDT) -- The U.S. Commodity Futures Trading Commission's whistleblower office may always be the younger cousin to the U.S. Securities and Exchange Commission's tipster program, but CFTC whistleblower head Chris Ehrman says his agency will soon become its own force to be reckoned with, doling out big payouts for big enforcement actions.
Although the CFTC has only paid one whistleblower so far — the $240,000 award was announced last May — Ehrman told Law360 in a recent interview the slow progress can mostly be attributed to the agency's smaller scope and the highly technical nature of the cases it brings. The quality of...
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