The SEC and the CFTC have whistleblower programs to receive information about securities or commodities fraud, direct that information to the appropriate agency personnel, and make financial awards to eligible whistleblowers whose information leads to a successful enforcement action and monetary recovery.  The SEC has awarded over $1 billion to whistleblowers, with over $500 million of that amount in fiscal year 2021 alone.  To date, the CFTC has awarded over $120 million to whistleblowers.

Individuals who wish to report information to the SEC or CFTC and participate in their whistleblower programs must comply with the rules and regulations of these programs.  Awards can range from 10-30% of the government’s monetary recovery that results from the whistleblower’s information, depending on a range of factors that includes the level of assistance provided by the whistleblower and his or her counsel.  The SEC and CFTC take all reasonable measures to protect the whistleblower’s confidentiality and anonymity. 

Cohen Milstein attorneys have significant experience in securities and commodities fraud investigations and litigation and are likewise highly experienced in representing individuals with SEC and CFTC whistleblower claims, working closely with the whistleblowers and the SEC and CFTC to investigate, hold accountable, and pursue recoveries from those who violate the securities and commodities laws. 

Please contact us directly at whistleblower@cohenmilstein.com, if you believe you’ve witnessed securities and investment fraud.