Federal Register: CFTC Requests Comment On Proposal To Revise Whistleblower Awards Process

The CFTC requested comment on a proposal to (i) amend regulations in order to enhance the agency's process for reviewing whistleblower claims, (ii) make related amended changes in order to clarify staff's authority to administer the whistleblower program, and (iii) amend the interpretation of its anti-retaliation authority. The CFTC's proposal was published in the Federal Register.

The CFTC proposed substantive changes including targeted revisions to the claims review process and permitting whistleblowers to receive awards for related legal actions as well as for successful CFTC enforcement actions. Other proposed changes include the following:

• allowing claimants to be eligible for awards when they provide original information without being the original sources of the information;