In 2018, the U.S. Commodity Futures Trading Commission’s (CFTC) awarded a record $30 million dollars to one whistleblower for having the courage to report corruption under the CFTC’s Whistleblower Program.
The Program itself originated under the Dodd-Frank Act to prevent insiders from manipulating the commodities and futures market to the detriment of the public. If you’re an insider and know of others that have profited from misconduct, you can profit from blowing the whistle with the CFTC.
In order to qualify as a CFTC whistleblower, you need to:
- Report violations of the Commodity Exchange Act (CEA); and
- Provide information that results in monetary sanctions of at least $1,000,000.00
Call now for a free confidential consultation with an experienced Brown, LLC lawyer at (877) 561-0000 or Report Online
Depending on the degree of your cooperation, you may receive a whistleblower award from 10% to 30% of the CFTC’s recovery. While the CEA provides aggressive protection from retaliation, including meaningful penalties, companies may still illegally retaliate against whistleblowers. It is best to consult with a CFTC whistleblower lawyer to determine whether your case might be actionable before proceeding. An attorney can also draft a more professional report for the CFTC. The lawyers at Brown, LLC, have a dedicated whistleblower practice, and do not take payment unless they win. Call us at 1 (877) 561-0000 for a free and confidential discussion of your CFTC whistleblower matter.