Dodd-Frank Act Archives - Page 2 of 2 - The Industry Spread

SEC Awards $50 Million to Two Whistleblowers

April 1, 2019

The Securities and Exchange Commission today announced awards totaling $50 million to two whistleblowers whose high-quality information assisted the agency in bringing a successful enforcement action.  One whistleblower received an award of $37 million and the other received an award of $13 million.  The $37 million award is the Commission’s third-highest award to date after the $50 million award made in March 2018 to joint whistleblowers and more than $39 million award announced in September 2018.  

CFTC Sets De Minimus Threshold for SWAPs

November 6, 2018

“Today’s final rule on the numeric threshold for swap dealer de minimis will provide the market with certainty that the threshold will not fall from $8 billion to $3 billion. I fully support the proposed final rule.”