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“If you go back and look at the first five years of the False Claims Act after the 1986 amendments, you find fewer than 100 whistleblower lawsuits filed each year and the high water mark, in terms of annual recoveries, was just $40 million. Today we recover more than that every week.”
The U.S. Commodity Futures Trading Commission (CFTC) announced that it will make an award of approximately $290,000 to a whistleblower for providing valuable information that led to enforcement action.
In Fiscal Year 2014 the CFTC Whistleblower Office received a total of 227 whistleblower tips (up from 138 in FY2013) and issued the programs first award for information that led to enforcement action in a case dealing with numerous violations of the Commodity Exchange Act.