Commodities Fraud

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Read frequently asked commodities fraud questions, including questions about the CFTC Whistleblower reward program, who qualifies, and how to anonymously file claims.

  • Anonymous CFTC Whistleblowers

CFTC Whistleblower Awards Under The Commodity Exchange Act

The Commodity Exchange Act’s whistleblower law requires that the CFTC pay an award to qualified whistleblowers. To qualify a whistleblower must provide original information to the CFTC regarding a violation of any of the commodity exchange laws enforced by the CFTC.

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Reporting Anonymously As A CFTC Whistleblower

As part of the Dodd-Frank Act, the U.S. Commodity Futures Trading Commission (“CFTC”) pay anonymous CFTC whistleblowers a monetary reward to those with original information resulting in a sanction of $1 million or more.

  • CFTC Spoofing - Female Trader Viewing Monitor

CFTC Spoofing and How to Report

As part of the Dodd-Frank Act, the U.S. Commodity Futures Trading Commission (“CFTC”) pay anonymous CFTC whistleblowers a monetary reward to those with original information resulting in a sanction of $1 million or more.

  • DOJ FCPA Guidance - Trader Looking at Commodities on Laptop

DOJ FCPA Guidance on Foreign Securities and Commodities Violations

In March 2019, the CFTC issued an Enforcement Advisory indicating that, for the first time, it would be focusing investigative resources on foreign corruption as it relates to violations of the Commodity Exchange Act. As an activity regulated by the CFTC, commodities-related foreign corruption now falls within the gambit of violations for which a whistleblower may be eligible for an award should their tip lead to a successful enforcement action.