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New Report Highlights Importance of Funding Reform for CFTC Whistleblower Program

Whistleblower Network News

On November 19, Better Markets, a non-profit focused on financial reform, released a report “Blow the Whistle: The Importance of the Commodity Futures Trading Commission’s Whistleblower Office” highlighting the financial crisis threatening the hugely successful CFTC Whistleblower Program.

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Whistleblowers Play Crucial Role in SEC’s Record Enforcement Year

Whistleblower Network News

“The Division of Enforcement is a steadfast cop on the beat, following the facts and the law wherever they lead to hold wrongdoers accountable,” said SEC Chair Gary Gensler. “As As demonstrated by this year’s results, the Division helps promote the integrity of our capital markets to benefit investors and issuers alike.”

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Trafigura Whistleblower Disclosure Leads to $55 Million Enforcement Action by CFTC

Whistleblower Network News

Commodity Futures Trading Commission (CFTC) announced that Trafigura Holding LLC agreed to pay $55 million to settle allegations of fraud, market manipulation, and impeding the ability of employees to blow the whistle. Whistleblower law firm Kohn, Kohn & Colapinto announced that a whistleblower made a disclosure in the case.

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During Sunshine Week 2024, Senator Grassley Sheds Light on Whistleblowers

Whistleblower Network News

Senator Chuck Grassley (R-IA) kicked off Sunshine Week on March 11 with remarks on the Senate floor about the importance of whistleblowers in promoting transparency and accountability. In his remarks, Grassley stressed that “to control a government as big as ours, it takes a lot of very bright light shining on every agency and office.”