CFTC Whistleblower Program
From Wikipedia, the free encyclopedia
The Commodity Futures Trading Commission's Whistleblower Program was created with the 2010 passage of the Dodd-Frank Act. The program rewards individuals who report possible Commodity Exchange Act (CEA) violations. The program also extends anti-retaliation protections for whistleblowers who file claims.[1]
Agency overview | |
---|---|
Formed | 2010 |
Jurisdiction | Federal government of the United States |
Headquarters | Washington, D.C. |
Parent agency | Commodity Futures Trading Commission |
Website | www |
Whistleblowers who voluntarily report Commodity Exchange Act violations and whose information leads to a successful enforcement action that result in monetary sanctions exceeding $1,000,000. Awards to whistleblowers are paid out of the Congress-established CFTC Consumer Protection Fund. The Fund is financed by money seized by individuals who violated the Commodity Exchange Act.[2] As of October 2021, the CFTC Whistleblower Program has awarded $300 million in whistleblower awards since it issued the first award in 2014.[3]