Category: SEC Whistleblower

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 IRS And Courts Take Different Approaches One Court Says Rewards Not Taxable Individuals receive rewards when the government recovers from wrongdoers in actions (known as “qui tams”) brought under the federal False Claims Act (FCA), 31 U.S.C. § 3729 et seq. The San Diego whistleblower attorneys at Evans […]

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 […]

ATTORNEY NEWSLETTER Bribes And Other Corrupt Business Practices  Commodity Futures Trading Commission Whistleblower Case $95 Million In Penalties And Disgorgement The U.S. Commodities Futures Trading Commission (CFTC) has seen a 126% increase in whistleblower tips during 2020. The 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank), Pub. L. 111-203, […]

ATTORNEY NEWSLETTER Primary Federal Whistleblower Laws And Programs  Whistleblower Awards Available Under Each Whistleblower Program Whistleblowers Also Protected From Employer Retaliation The federal government has a variety of whistleblower programs rewarding Americans for coming forth with information of fraud or false claims against the government.  Each of these programs also […]

ATTORNEY NEWSLETTER SEC Adopts New Rules And Procedural Changes  Against A Backdrop Of Increasing Whistleblower Rewards Fiscal Year 2021 On Record-Breaking Pace For Whistleblower Rewards On November 5, the U.S. Securities and Exchange Commission (SEC) announced several rule changes for whistleblower cases under the Dodd-Frank Wall Street Reform and Consumer […]

ATTORNEY NEWSLETTER Commodity Futures Trading Commission Whistleblower Tips Up 126% 2020 CFTC Awards Double 2019 Number Whistleblower Awards Now Total Over $120 Million According to a report released on November 2, 2020, the U.S. Commodities Futures Trading Commission (CFTC) saw a 126% increase in whistleblower tips during 2020. For the […]

ATTORNEY NEWSLETTER Commodity Futures Trading Commission Oversees Options Trading CFTC Finds Broker Defrauded 25,000 Customers  Fines Broker Over $13.8 Million The U.S. Commodity Futures Trading Commission (CFTC) on October 13, 2020 rdered a broker to pay over $13.8 million[1] in restitution, disgorged profits and civil penalties as the result of […]

ATTORNEY NEWSLETTER Commodity Futures Trading Commission Polices Bitcoin Trading Enforcement Action Charges Broker With False Representations  Customers Lose $7.4 Million In Bitcoin Investments On October 2, 2020, the U.S. Commodity Futures Trading Commission (CFTC) ordered a broker to pay $7.4 million[1] in restitution to two investors for making fraudulent representations […]