The Commodity Futures Trading Commission (CFTC) reports that it recently rewarded an insider whistleblower with more than $8 million for providing “significant information and assistance that led the CFTC and other agencies to bring multiple enforcement actions.” In fact, the whistleblower “helped the CFTC establish that one or more derivatives market participants deceived clients about… Read More >>
Barclays Fined $15M for Violating NY Whistleblower Laws
An investigation by New York’s Department of Financial Services (DFS) has resulted in a $15 million fine assessed against Barclays Bank and its New York branch for violations of the state’s banking law, stemming from attempts by the bank’s CEO to identify the author, or authors, of two whistleblowing letters. The bank’s attempts violated Barclays’… Read More >>
