Congress Must Pass CFTC Whistleblower Funding Law
In a new piece published by Law360, leading whistleblower attorney Stephen M. Kohn of Kohn, Kohn & Colapinto explains the urgent need for Congress to pass the bipartisan CFTC Whistleblower Fund Improvement Act of 2023. The bill, introduced in July, would provide a long-term fix to a funding crisis threatening the CFTC Whistleblower Program.
“The success of the CFTC whistleblower program has come at a cost,” Kohn writes. “A congressionally set cap on the fund used to finance the program has created a financial crisis. A bipartisan fix has been introduced in the U.S. Senate, but urgent congressional action is needed to ensure that the CFTC whistleblower program can continue to be the remarkable success story that it has.”
