Sima Saran Ahuja | Bloomberg Law CFTC Final Rules for Implementing the Whistleblower Provisions of Section 23 of the Commodity Exchange Act (Aug. 15, 2011) The Commodity Futures Trading Commission (CFTC or Commission), pursuant to Section 748 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank), adopted rules establishing a whistleblower program. The new program implements Section 23 of the Commodity Exchange Act of 1936 (CEA), and requires the CFTC to pay monetary awards to whistleblowers that voluntarily provide original information to the Commission about a violation of the CEA, which leads to the successful enforcement of a CFTC covered judicial or administrative action (or successful enforcement of a related action), resulting in monetary sanctions exceeding $1 million. The final rules will be effective 60 days from publication in the federal register (Effective Date).
Determination of Award
Internal Reporting Incentives
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