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Whistleblower Office Director Christopher Ehrman added:
Whistleblowers like the individual receiving the award today provide a valuable public service. We encourage others to come forward with information regarding possible violations in the markets the CFTC oversees.
So far, the US watchdog has awarded around $120 million to whistleblowers for their help since the first award was issued in 2014. The whistleblower awards are paid from the CFTC Customer Protection Fund, which was established by Congress.
Read More:
- CFTC charges several companies and individuals for defrauding investors and a church
- CFTC fines Gain Capital UK nearly $500K for registration and supervision violations
The post Whistleblower receives a $9 million award from CFTC appeared first on LeapRate.
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