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CFTC Seeks Public Comment on Notice of Proposed Rulemaking Concerning Whistleblower Rules

The CFTC is proposing a rule to amend whistleblower award rules, introducing a 30 percent presumption for awards up to $5 million, aiming for harmonization with the SEC's rule 21F-6(c).

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Why It Matters

The move aims to increase efficiency, transparency, and predictability in processing whistleblower claims, potentially increasing the reporting of regulatory violations.