On October 21, 2021, the Commodity Futures Trading Commission (“CFTC”) announced it would be awarding a whistleblower its largest, publicly-announced single award under the Dodd-Frank.
CFTC Awards Almost $200 Million To Deutsche Bank Whistleblower zerohedge.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zerohedge.com Daily Mail and Mail on Sunday newspapers.
The whistle-blower who received a record $200 million award provided regulators with extensive evidence that benchmark interest rates were being manipulated scandals that contributed to Libor’s demise and resulted in banks paying billions of dollars in fines.
A whistleblower whose information helped U.S. and U.K. regulators investigate manipulation of global interest-rate benchmarks by Deutsche Bank AG was awarded nearly $200 million for assisting the probe, according to people familiar with the matter.