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CFTC Awards Approximately $3 Million To Whistleblower - Agency Surpasses $1 Billion In Total Sanctions Associated With Whistleblower Awards
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Monday, March 15, 2021
On March 12, 2021, Senator Charles Grassley (R-IA) sent a letter to Gary Gensler, the current nominee for Chairman of the Securities and Exchange Commission, seeking commitment to the protection of the highly successful SEC Whistleblower Program. The letter was first reported by Geoff Schweller at the Whistleblower Network News (WNN) who described the letter to the soon to be confirmed former Chair of the Commodity Futures Trading Commission (CFTC). The WNN article focused on Sen. Grassley’s well-established history of championing whistleblower rights, and outlines the challenging and specific questions raised by the Senator.
Senator Grassley’s letter to the nominee for Chairman of the Securities and Exchange Commission (SEC) highlights the incredibly influential role played by the Chairman, the SEC, and the agencies whistleblower programs. As noted by the Senator, the SEC whistleblower program has had an exemplary program which has given credib
Senators Introduce Bill to Rescue CFTC Whistleblower Program Friday, February 26, 2021
Yesterday, Sens. Chuck Grassley (R-Iowa), Maggie Hassan (D-N.H.), Joni Ernst (R-Iowa), and Tammy Baldwin (D-Wis.) introduced the CFTC Fund Management Act. The purpose of this bipartisan legislation is to increase the whistleblower reward fund used to pay rewards to those that report commodities fraud. The fund is in danger of depletion due to the increasing success of the program. The bill would allow the commission to set aside more money from fines collected to pay whistleblower awards.
The Commodities Futures Trading Commission (CFTC) relies on whistleblower to uncover fraud and other illegal activities. Its Customer Protection Fund, established by Congress in 2010, hold funds that are used to reward whistleblowers for their disclosures. However, it is also used to pay for operating expenses and educational initiatives associated with the CFTC whistleblower office.
Opelousas General Health System Announces Appointment of The Honorable James P. Doherty, Jr. to the Board of Trustees
The Hospital Service District #2 Board of Commissioners has appointed The Honorable James P. Doherty, Jr., to serve on the Opelousas General Hospital Authority Board of Trustees.
Posted: Jan 29, 2021 2:53 PM
Posted By: Olivia Sanders
Opelousas, LA- Gina Bradley Tuttle, Chairman of the OGHS Board of Trustees has announced that the Hospital Service District #2 Board of Commissioners has appointed The Honorable James P. Doherty, Jr., to serve on the Opelousas General Hospital Authority Board of Trustees. Doherty, a local attorney and retired judge replaces Patrick C. Morrow, who recently resigned.
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