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The Commodity Futures Trading Commission (CFTC) recently issued more than $150 million in final determinations for whistleblower bounties. Between July and September of this year, the CFTC issued ten of these awards to whistleblowers who brought important information to the agency that led to successful enforcement actions. In the most recent order, signed on September 14, 2026, only one of the five whistleblowers received an award. This whistleblower submitted “significant information” that “was the crucial evidence that led Division staff directly to the successful prosecution” of the defendant. The order noted that the charge “is first of its kind in CFTC history.” The next two orders were both signed on September 11, 2026.The Commodity Futures Trading Commission (CFTC) recently issued more than $150 million in final determinations for whistleblower bounties. Between July and September of this year, the CFTC issued ten of these awards to whistleblowers who brought important information to the agency that led to successful enforcement actions. Continue reading

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Two whistleblowers have been awarded more than $1.8 million after submitting information and assistance to the CFTC that led to a successful covered enforcement action. Although there were seven claimants in this case, only two were awarded based on timely and original information submitted to the CFTC, which led to the case's success. Both whistleblowers continued to provide considerable assistance to CFTC staff, affiliated law enforcement, and other departments throughout the case, from its inception to its conclusion. The remaining five were denied an award since no one contributed to the case resolution.Two whistleblowers have been awarded more than $1.8 million after submitting information and assistance to the CFTC that led to a successful covered enforcement action.

Although there were seven claimants in this case, only two were awarded based on timely and original information submitted to the CFTC, which led to the case’s success. Both whistleblowers continued to provide considerable assistance to CFTC staff, affiliated law enforcement, and other departments throughout the case, from its inception to its conclusion. Continue reading

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The Commodity Futures Trading Commission (CFTC) recently awarded a bounty of $700,000 to a whistleblower who voluntarily offered original information that caused an investigation leading to a successful covered action. The unnamed individual first submitted their information in a Form WB-APP and provided significant assistance to the CFTC staff. This included key information in the case and interpretation of it for staff members, and all the information the staff requested. Their actions saved CFTC staff significant resources in the investigation. The whistleblower offered considerable assistance throughout the investigation, and “precisely and accurately described the firm’s misconduct.”  Additionally, the information “strongly supported the charge in the Covered action.”  The Commodity Futures Trading Commission (CFTC) recently awarded a bounty of $700,000 to a whistleblower who voluntarily offered original information that caused an investigation leading to a successful covered action.

The unnamed individual first submitted their information in a Form WB-APP and provided significant assistance to the CFTC staff. This included key information in the case and interpretation of it for staff members, and all the information the staff requested. Their actions saved CFTC staff significant resources in the investigation. Continue reading

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The Commodities Futures Trading Commission (CFTC) has announced an award of nearly $4 million to two whistleblowers who notified the agency of a company's misconduct. Both individuals provided sufficient original information to lead to a successful enforcement action. Whistleblower #1 initially notified the CFTC of this misconduct and supplied key information. The CFTC opened its investigation based on the information submitted by Whistleblower #1. Whistleblower #2 also provided additional information which included the admission that the misconduct was ongoing and continuing. While Whistleblower #2 also provided “substantial assistance,” they also “unreasonably delayed” giving information to the CFTC. This led to a reduction of the award amount, which was not disclosed. Three additional whistleblowers were denied an award and did not seek reconsideration by the CTFC's Claims Review Staff (CRS.) Claimant #3’s information was already in the record with no original information submitted.The Commodities Futures Trading Commission (CFTC) has announced an award of nearly $4 million to two whistleblowers who notified the agency of a company’s misconduct.

Both individuals provided sufficient original information to lead to a successful enforcement action. Whistleblower #1 initially notified the CFTC of this misconduct and supplied key information. Continue reading

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On August 8, 2024, the U.S. Commodity Futures Trading Commission (the “CFTC”) announced a whistleblower award of over $1 million dollars. While the Commodity Exchange Act ensures confidentiality protections for CFTC whistleblowers, this award highlights the CFTC’s commitment to regulating digital assets. The heavily redacted CFTC order states that the whistleblower received the award because the whistleblower voluntarily provided the information, through form TCR, and their information led to a successful enforcement action. This action uncovered improper trading previously unknown to the CFTC, underscoring the growing importance of whistleblower tips in detecting misconduct. CFTC Director of Enforcement Ian McGinley noted, "During the last fiscal year, digital asset cases accounted for almost 50% of the CFTC's docket, with a majority of whistleblower tips that year related to digital assets."On August 8, 2024, the U.S. Commodity Futures Trading Commission (CFTC) announced a whistleblower award of over $1 million dollars. While the Commodity Exchange Act ensures confidentiality protections for CFTC whistleblowers, this award highlights the CFTC’s commitment to regulating digital assets.

The heavily redacted CFTC order states that the whistleblower received the award because the whistleblower voluntarily provided the information, through form TCR, and their information led to a successful enforcement action. Continue reading

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On June 17, 2024, the U.S. Commodity Futures Trading Commission (the “CFTC”) reached a $55 million settlement with Trafigura Trading LLC, marking a significant aggressive shift in the agency's approach to whistleblower protections.  This case sets a new precedent in the CFTC’s enforcement program and underscores the CFTC's commitment to protecting whistleblowers. In its settlement, the CFTC alleged that Trafigura manipulated oil derivatives prices, exploited confidential information to gain an unfair advantage in gasoline transactions and, most importantly, that Trafigura failed to carve out an exception for whistleblowers in its employment agreement's confidentiality provisions. This marks the first time the CFTC has publicly taken a position on this whistleblower protection issue.  The whistleblower carveout requires non-disclosure provisions to explicitly permit communications with law enforcement or regulators.  The CFTC argues that absent these carveouts, such provisions cause confusion and impede voluntary, direct communications with regulators, like the CFTC, about possible violations.On June 17, 2024, the U.S. Commodity Futures Trading Commission (the “CFTC”) reached a $55 million settlement with Trafigura Trading LLC, marking a significant aggressive shift in the agency’s approach to whistleblower protections. This case sets a new precedent in the CFTC’s enforcement program and underscores the CFTC’s commitment to protecting whistleblowers. Continue reading

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The latest $1.25 million award from the Commodities Futures Trading Commission (CFTC) goes to a whistleblower who first reported misconduct internally to their employer, who then ignored the report. Following 120 days of the company’s inaction, the individual submitted the information to the CFTC, who immediately opened an investigation. As part of the CFTC’s “safe harbor” rule, the whistleblower must wait 120 days after reporting internally before submitting information. This is the first time the CFTC’s 120-day “safe harbor” provision has applied to a whistleblower who worked in an auditing or internal compliance capacity. Individuals in these positions have more stringent requirements. This whistleblower complied with those requirements when reporting. The information from the whistleblower was original and given voluntarily. It was the only reason the CFTC opened its investigation. The information “was quite significant,” according to the order, calling it “useful” during the investigation.The latest $1.25 million award from the Commodities Futures Trading Commission (CFTC) goes to a whistleblower who first reported misconduct internally to their employer, who then ignored the report. Following 120 days of the company’s inaction, the individual submitted the information to the CFTC, who immediately opened an investigation. Continue reading

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The Commodity Futures Trading Commission’s Whistleblower Office has a new director, Brian Young. The announcement was made recently by CFTC’s chairman, Rostin Behnam. He comes from the Department of Justice (DOJ), where he was previously the acting director of litigation for the Antitrust Division. Brian Young started his career at the Department of Justice (DOJ) as an Attorney General’s Honors Program Attorney in the Fraud Section of the Civil Division. There, he prosecuted violations of the civil False Claims Act, with a significant number initiated by whistleblowers. His work primarily targeted fraud within federal healthcare and defense programs. Young also managed criminal prosecutions under the Sherman Act and handled civil merger and antitrust conduct litigation. Before that, he spent 11 years in the Fraud Section of the Criminal Division, holding various positions. Eventually, he was appointed as the chief of the Fraud Section’s Litigation Unit, where he supervised the litigation efforts of around 150 white-collar prosecutors.The Commodity Futures Trading Commission’s Whistleblower Office has a new director, Brian Young. The announcement was made recently by CFTC’s chairman, Rostin Behnam. He comes from the Department of Justice (DOJ), where he was previously the acting director of litigation for the Antitrust Division. Continue reading

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The Commodities Futures Trading Commission (CFTC) recently announced the award of $18 million to a single whistleblower who provided substantial assistance to the agency. This information led to a successful CFTC enforcement action as well as a related action with another federal agency. The whistleblower met with Division of Enforcement (DOE) staff on multiple occasions to discuss their concerns. Information from the individual was “significant in amount and quality,” according to the CFTC press release. In the order, the CFTC noted that the individual’s contributions “enhanced Division staff’s ability to resolve the Covered Action.”  Without this information, CFTC staff would have been unable to establish specific facts in the covered action that were “underlying.”The Commodities Futures Trading Commission (CFTC) recently announced the award of $18 million to a single whistleblower who provided substantial assistance to the agency. This information led to a successful CFTC enforcement action as well as a related action with another federal agency. The whistleblower met with Division of Enforcement (DOE) staff on multiple occasions to discuss their concerns. Information from the individual was “significant in amount and quality,” according to the CFTC press release. Continue reading

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