Contact UsWhat is the Commodity Futures Trading Commission Whistleblower Program? For an in-depth explanation of the nuts and bolts, read KMB's CFTC Whistleblower Practice Guide, written by Katz, Marshall & Banks partner Lisa J. Banks. Recently updated with information regarding the CFTC’s FY2016 enforcement actions and sanction totals, the Guide provides a comprehensive and up-to-date explanation of the law and valuable best practices for CFTC whistleblowers and their counsel, including preparing an effective “tip,” cooperating in a CFTC investigation and claiming a whistleblower reward. It also explains the legal protections that CFTC whistleblowers have against retaliation.
To gain a better understanding of the material covered within the Guide, the table of contents is provided below:
- Introduction and Background
- The CFTC Whistleblower Program
- A. Whistleblower Status
- 1. “Voluntarily Provide”
- 2. “Original Information”
- Independent Knowledge and Independent Analysis
- Exclusions from Independent Knowledge and Analysis
- B. Rules Designed to Incentivize Internal Reporting
- C. Information that Leads to Successful Enforcement
- D. Monetary Sanctions Totaling More Than $1 Million
- E. CFTC Procedures for Submitting a Tip
- F. Claiming a Whistleblower Award
- G. Determining the Amount of an Award
- A. Whistleblower Status
- Protections Against Retaliation
- A. Confidential and Anonymous Reporting
- B. Filing a Retaliation Lawsuit
- Things to Think About Before You Tip
If you believe you have information about futures trading violations (including the “swaps” market) or illegal foreign-currency futures contracts – or you have provided such information and were retaliated against as a result – contact Katz, Marshall & Banks, LLP. Your communications with us are confidential, and without charge or further obligation.
To learn more about the CFTC Whistleblower Program & Katz, Marshall & Banks, read the CFTC Whistleblower Program Overview.
Other Resources:
Whistleblowers are Getting Much-Needed Help from the CFTC
CFTC Issues $10M Whistleblower Award
Monetary Sanctions and Award Percentage: Understanding the CFTC Whistleblower Program
