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Quick Tip: CFTC to Make First Dodd-Frank Whistleblower Award

Trace Schmeltz

Trace Schmeltz

Partner
Financial and Regulatory Litigation Group Co-Chair

The Commodity Futures Trading Commission plans to make its first whistle-blower award under the Dodd-Frank Wall Street Reform and Consumer Protection Act, with the recipient getting about $240,000 for exposing information about commodities law violations, Acting Director Mark Wetjen said in a May 20 statement. The number of “high quality tips, complaints and referrals” received by CFTC continues to increase, Christopher Ehrman, head of agency's Whistleblower Office, said in statement.


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