The US Commodity Futures Trading Commission said it will award more than $8 million to five whistleblowers who provided information that helped agency investigators recover funds for defrauded investors.
The Wall Street regulator didn’t identify the tipsters or the scheme they flagged, but said the individuals helped the agency complete a successful enforcement action.
“Whistleblowers like today’s awardees enable the CFTC to hold perpetrators of fraud to account and deter future wrongdoing in the markets the CFTC oversees,” David Miller, the agency’s enforcement director, said Monday in a statement.
Established in the wake of the 2008 financial crisis, the ...