Category: CFTC Whistleblower

ATTORNEY NEWSLETTER Non-American Citizens As Whistleblowers SEC Receives Large Number Of Foreign Tips Substantial Monetary Rewards The federal government has four primary whistleblower statutes and reward programs: The Federal False Claims Act (“FCA”), 31 U.S.C. § 3729 et seq. The Securities and Exchange Commission (“SEC”) Whistleblower Program, Section 922 of […]

ATTORNEY NEWSLETTER CFTC Announces Several Covered Actions Anonymous Tips From Whistleblower Start Cases Commodities and Futures Trading In 2010, the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank), Pub. L. 111-203, established a whistleblower program within the U.S. Commodities Futures Trading Commission (CFTC) to encourage individuals with information of […]

ATTORNEY NEWSLETTER CFTC Recently Awards $3 Million To Whistleblower Cases Start With An Anonymous Tip From Whistleblower Fraud In Commodities and Futures Trading The U.S. Commodities Futures Trading Commission (CFTC) oversees trading in derivatives, commodities, options, futures, swaps, and currencies.  See Commodity Exchange Act, 7 U.S.C. § 1 et seq. […]

ATTORNEY NEWSLETTER CFTC Charges Individual And Firm With Precious Metals Fraud Gold And Silver Scams Often Target Older Investors Financial Elder Abuse And Whistleblower Cases Precious metal dealers entice investors by promising to fulfill orders for silver or gold and actually deliver the metals to the investors.  Often the promised […]

ATTORNEY NEWSLETTER CFTC Alleges Fraud On Investors Agency Alleges Fraudulent Solicitation And Registration Investor Money Allegedly Spent By Fund Promoter The U.S. Commodities Futures Trading Commission (CFTC) oversees trading in commodities, options, futures and currencies.  See Commodity Exchange Act, 7 U.S.C. § 1 et seq. and 17 C.F.R. Part 1 […]

ATTORNEY NEWSLETTER CFTC Alleges $143 Million In Bitcoin Fraud British Trader Collected 22 Million In Bitcoin From 169 U.S. Customers Victims Lost All Their Bitcoin As A Result of Scheme The U.S. Commodities Futures Trading Commission (CFTC) polices trading in virtual currencies also referred to as digital currency or digital […]

ATTORNEY NEWSLETTER CFTC Fines Digital Asset Exchange Operator $6.5 Million Civil Penalty CFTC Alleges Fraud In Operations of Trading Platform The U.S. Commodities Futures Trading Commission (CFTC) polices the options and commodities markets in the U.S and the digital asset/cryptocurrency market. As part of the CFTC’s enforcement tools, the 2010 […]

ATTORNEY NEWSLETTER Leaking Non-Public Information And Insider Trading  Special Access Employees May Not Disclose Non-Public Information CFTC Targets Unauthorized Disclosures As Fraud The U.S. Commodities Futures Trading Commission (CFTC) polices the options and commodities markets in the U.S.   The 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank), Pub. L. […]

ATTORNEY NEWSLETTER Rewards for Blowing Whistle On Commodities Trading Fraud Commodity Futures Trading Commission Issues Whistleblower Alert On Spoofing Spoofing And Other Commodities Trading Fraud The U.S. Commodities Futures Trading Commission (CFTC) saw a 126% increase in whistleblower tips during 2020. The 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act […]

ATTORNEY NEWSLETTER Foreign Exchange Options Trading Fraud Commodity Futures Trading Commission Polices FX Options CFTC Announces $7 Million Civil Penalty For FX Trading Fraud The U.S. Commodities Futures Trading Commission (CFTC) polices the options trading markets in the U.S., including the market for foreign exchange options, also known as FX […]