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“CFTC Makes History With $200M Whistleblower Award”

Law360 cites Phillips & Cohen partner Erika Kelton about the broader significant of the CFTC’s record whistleblower reward.

The significance of the award stretches beyond the headline-grabbing dollar figure, experts told Law360.

Whistleblower attorney Erika Kelton said it was impressive that such a “mind-blowing” sum could come from “a relatively small agency whose whistleblower program generally gets little attention.”

“While a lot of attention is understandably being paid to the size of the award, we also should consider that this huge award means the CFTC and a foreign regulator collected a huge amount and stopped significant wrongdoing because of the whistleblower,” said Kelton of Phillips & Cohen LLP. “This shows the great value of the CFTC whistleblower program.”

Read the entire article, “CFTC Makes History With $200M Whistleblower Award,” on Law360’s website. 

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