Difference between revisions of "CFTC Whistleblower Program"

Line 49: Line 49:
|September 27, 2019
|September 27, 2019
|On September 27, 2019, the CFTC issued a $7 million award to a whistleblower. CFTC Director of Enforcement James McDonald stated in the Press Release: “Forty percent of our investigations now involve whistleblowers. We expect that number to increase as the CFTC continues to expand its whistleblower program.” Find the order [https://www.whistleblower.gov/sites/whistleblower/files/2019-09/19-WB-05.pdf here].
|On September 27, 2019, the CFTC issued a $7 million award to a whistleblower. CFTC Director of Enforcement James McDonald stated in the Press Release: “Forty percent of our investigations now involve whistleblowers. We expect that number to increase as the CFTC continues to expand its whistleblower program.” Find the order [https://www.whistleblower.gov/sites/whistleblower/files/2019-09/19-WB-05.pdf here].
|-
|[https://www.cftc.gov/PressRoom/PressReleases/8175-20 $6 million]
|June 9, 2020
|On June 9, 2020, the CFTC issued a $6 million award to a whistleblower who voluntarily provided original information that led the CFTC to bring a successful enforcement action. According to the Press Release announcing the award, the CFTC opened its investigation upon receiving the whistleblower’s information, which was specific, credible and timely.
|-
|[https://www.cftc.gov/PressRoom/PressReleases/7943-19 $2.5 million]
|June 24, 2019
|On July 24, 2019, the CFTC issued a $2.5 million CFTC whistleblower award to an individual. The award was reduced because of the whistleblower’s delay in reporting. Director McDonald said the delay was “unreasonable” and the whistleblower could have received a larger award had this person not waited. Find the order [https://www.whistleblower.gov/sites/whistleblower/files/2019-06/19-WB-03.pdf here].
|-
|[https://www.cftc.gov/PressRoom/PressReleases/7953-19 $2 million]
|July 1, 2019
|On July 1, 2019, the CFTC issued a $2 million CFTC whistleblower award to two whistleblowers. The whistleblowers provided multiple interviews and documents that were “highly informative” and provided the agency “with significant information” that prompted the CFTC to open an investigation. The whistleblowers also reported the violations to another organization that conducted a separate investigation and shared its findings with the CFTC. Find the order [https://www.whistleblower.gov/sites/whistleblower/files/2019-07/19-WB-04.pdf here].
|-
|[https://www.cftc.gov/PressRoom/PressReleases/7882-19 $2 million]
|March 4, 2019
|On March 4, 2019, the CFTC announced an award of over $2 million to a whistleblower. The whistleblower conducted an "independent analysis" of market data, which aided greatly in the CFTC’s investigation. The whistleblower was not an insider. The order is [https://www.whistleblower.gov/sites/whistleblower/files/2019-03/19-WB-01%20-%20Public%20Version.pdf here].
|-
|-
|}
|}