Wednesday, May 12, 2021

CFTC Whistleblower Program in Peril Over Potential $100 Million-Plus Payout

That is curious! Apparently, the CFTC's budget for whistleblower payments is too small! Are the whistleblower payments too large or is the mission of the CFTC hamstrung?

"The Commodity Futures Trading Commission’s whistleblower fund is capped at $100 million.
The Commodity Futures Trading Commission’s whistleblower program is in turmoil over a potential payout exceeding $100 million to a former Deutsche Bank AG executive—one so large it would deplete the agency’s whistleblower funds and has led it to seek congressional action. ..."

CFTC Whistleblower Program in Peril Over Potential $100 Million-Plus Payout - WSJ

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