<p><span>The Commission today issues a Whistleblower Award Determination based on an enforcement action that led to an Order of the Commission making findings of liability and imposing a civil monetary penalty, among other sanctions. Parallel actions were brought, based on the same misconduct, by: 1) a Federal Regulator; and 2) a foreign futures authority (Foreign Regulator). The Commission is approving the Proposed Final Determination of its Claims Review Staff (CRS) that would make an award to Claimant 1 based on the monetary sanctions collected in the Commission’s enforcement action, the Federal Regulator’s action, and the Foreign Regulator’s action.</span></p>
Concerns about whether Commodities Futures Trading Commission will have resources to continue administering its whistleblower program alleviated, in short term by Senate bill S. 409, allowing for transfer of $10 million from CFTC Customer Protection Fund to a separate account to cover admin. expenses