CFTC Awards Around $10M to A Whistleblower

The Commodity Futures Trading Commission recently announced an approximately $10 million award to a whistleblower who voluntarily provided original information that led the CFTC to open an investigation. The whistleblower gave useful information at the earliest stages of the investigation and later provided supplemental information. 

Andrew Wood Interview: CMC Markets 2021 Technology Drive​

"This award demonstrates the continued success of the CFTC’s Whistleblower Program," said Acting Director of Enforcement Vincent McGonagle. "The CFTC is committed to rewarding whistleblowers who identify misconduct in our markets."

"The CFTC has granted a number of multimillion-dollar whistleblower awards to date," added Whistleblower Office Director Christopher Ehrman. "These large awards are putting market participants on notice that whistleblowers continue to provide significant information to the Commission."