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CFTC gives whistleblower $1.25m in first safe harbor provision award

A man stands in a shadow.
Photo: Gary Hershorn/Getty Images

The whistleblower award is the first to apply under the Commodity Futures Trading Commission’s 120-day safe harbor provision.

The Commodity Futures Trading Commission (CFTC) has awarded a whistleblower about $1.25m for reporting on misconduct – the first whistleblower award of the year.

The whistleblower first reported the problem to their employer, but no meaningful remedial action was taken, so the issue was reported to the CFTC.

“Insiders have some