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The CFTC just gave $200 million to a whistleblower in its biggest-ever award to a single individual
https://www.msn.com/en-us/money/markets/the-cftc-just-gave-dollar200-million-to-a-whistleblower-in-its-biggest-ever-award-to-a-single-individual/ar-AAPNtOv?ocid=stThe Commodity Futures Trading Commission said on Thursday that it just awarded $200 million to a single whistleblower.
The payment represents the largest award ever to a single individual since the CFTC started its whistleblower program in 2014 under the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010.
The whistleblower's "timely original information significantly contributed to an already open investigation and led to a successful enforcement action, as well as to the success of two related actions, by a US federal regulator and a foreign regulator," the CFTC said.
Since the start of the program, the regulator has paid more than $3 billion in whistleblower awards.
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