The Commodity Futures Trading Commission announced rewarding a whistleblower for providing information which led the Commission to open an investigation and a resulting successful reinforcement act. The whistleblower also provided extensive assistance, including key documents.
CFTC Director of Enforcement James McDonald said:
The violations would have been difficult to detect without the whistleblower’s information and assistance. This matter highlights the importance of the Commission’s Whistleblower Program to the agency’s enforcement efforts and its effectiveness in helping the Commission hold wrongdoers accountable.