CFTC Issues $300,000 Whistleblower Award; Statement of P&C Partner Christopher Ehrman

Today, the Commodity Futures Trading Commission (CFTC) announced a whistleblower award totaling approximately $300,000 to a whistleblower who provided original information that caused the Division of Enforcement at the CFTC to open an investigation that led to a successful enforcement action. According to the CFTC, “[The] whistleblower assisted DOE staff multiple times during the investigation, provided additional evidence, interpreted it for DOE staff, and conserved substantial resources for the CFTC.”

Statement of Christopher Ehrman, former Director of the CFTC’s Whistleblower Office and partner at Phillips & Cohen, an international whistleblower law firm:

“This award shows the essential role that whistleblowers play in partnership with the CFTC to protect the safety and soundness of our nation’s derivatives markets,” said Christopher Ehrman, partner and whistleblower attorney at Phillips & Cohen.


Under Mr. Ehrman’s leadership at the CFTC, successful enforcement actions based on information provided by whistleblowers resulted in monetary sanctions totaling more than $3 billion and whistleblower awards amounting to approximately $330 million.

Phillips & Cohen is the most successful law firm representing whistleblowers, with recoveries from cases totaling over $12.8 billion and 22 awards for clients under Dodd-Frank whistleblower reward programs. Mr. Ehrman joins other talented lawyers, including the former first head of the SEC Office of the Whistleblower, a former deputy administrator of the Centers for Medicare and Medicaid Services, the author of a leading treatise on the False Claims Act, and numerous attorneys with decades of experience representing whistleblowers.

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