CFTC Awards Largest Single Whistleblower Award of $200 Million But With One Commissioner's Dissent (BrokeAndBroker.com Blog)
Bill Singer
A critic of the inept and incompetent, and an advocate for economic and political sanity. It's a lonely journey but I walk it. Wall Street legal, regulatory, and compliance veteran since 1982.
CFTC Awards Largest Single Whistleblower Award of $200 Million But With One Commissioner's Dissent?(BrokeAndBroker.com Blog)
https://www.brokeandbroker.com/6124/cftc-crs-stump/
Congratulations to the CFTC whistleblower and his/her law firm who hung in there and duked it out after getting sent to the canvass by an initial denial from the CFTC's Claims Review Subcommittee. Ya gotta love a fighter who gets back on his feet and wins the match. Unfortunately, the fight seems to have resulted in something less than a unanimous win with at least one CFTC Commissioner not going along with the scoring. On the other hand, that dissent is somewhat of a technical reservation that raises some fair points, but you're still left wondering whether the ref was making a point about the fight at issue or fighting in general.?