The Commodity Futures Trading Commission (CFTC) recently announced that it has granted an award of around $9 million to a whistleblower, one of the five largest awards granted as part of the regulator’s Whistleblower Program.
The US watchdog said in a statement on Monday that it granted the award after the whistleblower gave it a specific, credible and timely tip. This led to the Commission opening an investigation and ultimately bringing a successful enforcement action.
Read more here.