Experienced CFTC Whistleblower Attorneys
Our CFTC whistleblower lawyers have deep experience representing and advocating for whistleblowers who bring claims to the Commodity Futures Trading Commission involving complex financial transactions and fraud in commodities markets.
Phillips & Cohen has won one CFTC award for a whistleblower client and has filed numerous claims with the CFTC whistleblower program, developing close working relationships with enforcement officials on the investigations.
We are the most successful law firm representing whistleblowers under the SEC whistleblower program, which like the CFTC whistleblower program, was created by the Dodd-Frank Act in 2010.
We represented the whistleblower who received the largest SEC whistleblower award – $32 million – and two other clients who have received SEC whistleblower awards of $3 million and $325,000.
Phillips & Cohen attorneys also represented a Minnesota whistleblower who provided information to the FBI, CFTC, and the Securities and Exchange Commission that exposed and stopped a $160 million Ponzi scheme.
Expect CFTC whistleblower awards to start being issued more steadily and with that, more whistleblower submissions to be made to the CFTC.
Under the CFTC whistleblower program, whistleblowers are eligible for a reward of 10 percent to 30 percent if they provide information that results in sanctions exceeding $1 million. Such information may be provided anonymously to the CFTC through a lawyer or other representative.
The CFTC whistleblower program is gaining momentum. The CFTC signaled its commitment to the whistleblower program last year with a $10 million whistleblower reward that was paid to a whistleblower whose original information about violations of the Commodity Exchange Act led to a successful enforcement action. In addition, the CFTC has proposed revisions to its whistleblower program rules that are more whistleblower-friendly.
If you are aware of any fraud in commodity markets or violations of commodity laws and would like to discuss your options under the CFTC whistleblower program, please contact Phillips & Cohen for a confidential review of your case at no charge.
International Whistleblowers and the CFTC Whistleblower Program
Whistleblowers living outside the US are eligible to participate in the CFTC whistleblower reward program. Phillips & Cohen opened an office in London to better serve whistleblowers from around the world.
Phillips & Cohen will confidentially review your potential CFTC whistleblower claim completely free of charge.
If English isn’t your best language, learn more about CFTC and SEC whistleblower programs, as well as answers to other frequently asked questions on these pages: Français, Русский, Español, 中文.