CFTC Whistleblower Tips and Awards Fall After Record 2018

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CFTC Whistleblower Tips and Awards Fall After Record 2018
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The Commodity Futures Trading Commission’s whistleblower program has issued 14 awards, totaling more than $100 million, since 2011

The U.S. regulator for derivatives and commodities markets issued five whistleblower awards totaling about $15 million during the fiscal year 2019 ending in September, the report said. The total represents a decline from the full-year record total of about $75 million issued by the commission during the previous fiscal year, when five awards went to tipsters, including the largest award of $30 million, according to the commission.

The decline in the number of tips could be attributable to waning interest in digital currencies from the public in 2019, according to a CFTC spokeswoman. The CFTC—which has issued 14 awards, totaling more than $100 million, to tipsters since 2011—in recent years has focused more on marketing and outreach efforts to raise awareness of its whistleblower program.

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