ARTICLE
24 July 2018

CFTC Grants First Whistleblower Award To Individual From Foreign Country

CW
Cadwalader, Wickersham & Taft LLP

Contributor

Cadwalader, established in 1792, serves a diverse client base, including many of the world's leading financial institutions, funds and corporations. With offices in the United States and Europe, Cadwalader offers legal representation in antitrust, banking, corporate finance, corporate governance, executive compensation, financial restructuring, intellectual property, litigation, mergers and acquisitions, private equity, private wealth, real estate, regulation, securitization, structured finance, tax and white collar defense.
The CFTC granted a whistleblower award of $70,000 to an individual residing in a foreign country who provided information on CEA violations ...
United States Finance and Banking

The CFTC granted a whistleblower award of $70,000 to an individual residing in a foreign country who provided information on CEA violations that was instrumental to an investigation that ultimately led to a settlement. This is the first award given by the CFTC to a whistleblower residing in a foreign country. In addition, it is the second award made by the CFTC under the newly enhanced whistleblower rules, which modified the process for reviewing claims and strengthened anti-retaliation protections.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

Mondaq uses cookies on this website. By using our website you agree to our use of cookies as set out in our Privacy Policy.

Learn More