Tag Archives: SEC’s whistleblower program
CFTC Announces $1.5 Million Whistleblower Award
The Commodity Futures Trading Commission (CFTC) announced it gave a whistleblower award of $1.5 million to a whistleblower, recognizing that individual’s contribution of significant evidence to the CFTC after first reporting his or her concerns internally. While there is no requirement that whistleblowers make the reports internally first, the commission is likely to give larger awards to […]
SEC Pays Out $50 Million to JP Morgan Whistleblowers
A pair of whistleblowers shared in a $50 million award from the Securities and Exchange Commission (SEC) for providing unique information that helped the agency bring an end to misconduct by JPMorgan Chase. The major financial institution allegedly hid information on some of its conflicts of interest from consumers, resulting in a $307 million SEC […]
