Included in the Continuing Resolution bill signed into law on March 15 is a provision extending an emergency fix to the funding issue threatening the Commodity Futures Trading Commission (CFTC) Whistleblower Program.

A funding crisis has threatened the program for years and the emergency fix which was originally passed in 2021 expired on March 14, threatening the CFTC Whistleblower Program from collapse.

“This step by Congress has saved the CFTC Whistleblower Program, which was in danger of becoming a victim of its own success,” says Kohn, Kohn & Colapinto (KKC) founding partner Stephen M. Kohn, who has advocated for funding fixes to the CFTC Whistleblower Program. “42% of the CFTC’s enforcement actions involve whistleblowers, thus the whistleblower program is absolutely crucial to the ability of the CFTC to carry out its mission of rooting out fraud, manipulation and abuse in the commodities markets.”

“While this action by Congress is an important step, longer-term funding solutions are needed to ensure the CFTC Whistleblower Program can continue to thrive moving forward,” Kohn, who also serves as Chairman of the Board of National Whistleblower Center, added. “The cap placed on the CFTC Whistleblower Program’s fund is not compatible with the growth of the program over the years and must be addressed.”

The CFTC Whistleblower Program, which offers monetary awards and anti-retaliation protections to whistleblowers, has allowed the CFTC to recover over $3.2 billion from...

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