Blog

The CFTC regulates swap trades in the financial markets. Further, the agency uses bounty actions to detect fraud schemes in the swap markets. These swap fraud bounty actions allow investors and financial professionals to anonymously expose fraud and collect large rewards.

What is a Swap?

A swap allows counter parties to exchange (or “swap”) a series of cash flows based on a specified time horizon. The counter parties use a swap agreement to hedge or speculate on the variable cash flows or liabilities in the swap. The swap agreement defines the dates when the cash flows are to be paid and the way they are accrued and calculated.

The swap agreement also defines the variable cash flow or leg of the swap.  Counter parties commonly use swaps for uncertain variables such as a floating interest rate, foreign exchange rate, equity price, or commodity price.

Investors Use Swaps to Speculate and Hedge Risks

More specifically, investors use swaps to hedge against certain positions or risks such as changes in interest rates. Investors also use swaps to speculate on future changes in the expected direction of underlying index or currency prices.

The Large Size of the Swap Market Invites Complicated Fraud Schemes

The swap market is one of the largest and most liquid global marketplaces. According to the recent statistics, the notional amount outstanding in over-the-counter interest rate swaps alone was more than $542 trillion. These large values invite complicated fraud schemes.

Swap Investors Typically Customize Swap Agreements Allowing For Complicated Fraud Schemes

There are several types of swaps including currency swaps, equity swaps, and credit swaps. Further, investors commonly customize swaps to the point where there are few standardized swap agreements. In other words, swap contracts cannot be easily traded on an exchange and are not typically standardized. The variety of customized swaps and types of swaps make swap fraud hard to detect.

High End Investors and Financial Professionals Need to Expose Hard to Detect Fraud Through Swap Fraud Bounty Actions

The large variety of swap agreements and amount of wealth in the swaps market make it ripe for hard to detect fraud. For this reason, high end investors and financial professionals need to expose hard to detect fraud in the swaps market.

More Information on Swap Fraud Bounty Actions and Other CFTC Bounty Actions

Please feel free to go to the following webpages for more information on this topic: CFTC Bounty Action Lawyer and Anonymous Bounty Actions.

The CFTC is targeting violations of the Foreign Corrupt Practice Act that manipulate the commodities market. These violations focus on illegal bribes that seek to improperly influence foreign officials and manipulate the market. Further, the agency is targeting companies who pay illegal payments related to fraud, manipulation, false reporting, or a number of other types of violations under the CEA and Commission Regulations. For this reason the agency uses Anonymous CFTC FCPA Bounty Actions to detect violations of the CEA and FCPA.

CFTC FCPA Bounty Action Enforcement

The CFTC enforces CEA provisions that encompass foreign corrupt practices. Such misconduct includes illegal bribes that alter prices in the commodity markets. These prices drive the U.S. derivatives prices. This misconduct also covers bribes paid to secure business in connection with regulated activities. The regulated activities include trading, advising, or dealing in swaps or derivatives, paid out of funds investors believed were being used to invest.

Additionally, the agency regulates bribes used to manipulate benchmarks related to the derivative market. More specifically, the agency is targeting bribes that are the product of corruption and might be falsely reported to benchmarks.

The CFTC Encourages Internationals, Financial Professionals, and Other Individuals With Specific Knowledge of Significant Bribes to Expose Bribery Schemes

CFTC FCPA Bounty Actions encourage individuals with original knowledge of international bribes to expose bribery schemes. Further, they want international and financial professionals with specific information of large bribery schemes to anonymously expose these schemes.  Through large financial rewards, the agency encourages the public to expose bribery schemes. The agency also offers whistleblower protections including the ability to anonymously expose corruption.

CFTC FCPA Bounty Action Rewards are often substantial as the agency awards a percentage of funds recovered. For significant bribery schemes, the agency rewards tens of millions of dollars or more to individuals.

More Information on CFTC FCPA Bounty Actions

The CFTC regulates the commodity market including the swaps and currency market. The agency also uses bounty actions to detect hard to detect investment fraud. Much of this fraud involves  violations of the FCPA. For more information on FCPA Bounty Actions, please go to the following web pages: International Whistleblower Information, FCPA Whistleblower Lawyer, and Illegal Bribes Can Be The Basis of Bounty Actions.

Insider trading bounty actions allow financial professionals to anonymously expose inside trading schemes and collect financial rewards.  These Bounty Actions target brokers, insiders, and others illegally using non-public insider information.

The CFTC Is Targeting Specific Types of Insider Trading Schemes

The United States Commodity Future Trade Commission regulates illegal conduct in the commodities market.  More specifically, it oversees futures contracts of commodities including currencies and swaps.  Detecting insider trading in these complicated financial investments can be difficult.

For this reason the CFTC encourages financial professionals to anonymously report hard to detect insider trading schemes. More specifically, they are targeting trades made on market moving information that the source had a duty to protect.

Brokers And Employee Who Use Material Nonpublic Information For Illegal Trades Are a Target

The CFTC is also targeting brokers front running customer orders or taking the other side of any customer order without consent. The agency is also seeking information on tips or trades employees make using material nonpublic information obtained by virtue of employment.

Other Types of Insider Trade Schemes

Other targeted schemes involve trades on material nonpublic information that was obtained by fraud or deception. Additionally, the agency is targeting FCMs or brokers improperly disclosing customer orders or other material nonpublic information MNPI.

Swap Insider Trade Bounty Actions

Swap dealers or major swap participants improperly disclosing material nonpublic information MNPI or using MNPI provided by a counterparty without the counterparty’s consent. Persons with knowledge of illegal use of material nonpublic information in swaps are encouraged to anonymously report the schemes.

More Information on Inside Trading Schemes and Large Anonymously Reported CFTC and SEC Bounty Actions

For more information on anonymously reporting Insider Trading Schemes, please go to the following webpages: Anonymous CFTC and SEC Bounty Actions and Insider Trading SEC Bounty Actions.

Both the SEC and CFTC regulate cryptocurrency in the financial markets.  Both agencies use bounty action rewards to detect cryptocurrency fraud.  These Cryptocurrency Fraud Bounty Actions allow professionals and investors to anonymously expose fraud and collect rewards.

The United States Securities Exchange Commission Regulates Cryptocurrency Offerings and is Targeting Fraud in the Market

The SEC regulates some types of cryptocurrency as securities. In doing so, the SEC regulates offerings and can block unlawful offerings that could flood the cryptocurrency market. As an example the SEC took action to block a $1.7 Billion cryptocurrency offering earlier this week.

In regulating cryptocurrency and cryptocurrency ETFs as securities, the SEC targets all fraud schemes and securities violations.

The United States Commodity Future Trading Commission Also Regulates The Cryptocurrency Market and Wants Information Technology Professionals and Finance Professionals to Expose Fraud

The CFTC also regulates the cryptocurrency market and classifies virtual currencies and ether as commodities.  Further, the CFTC targets companies and individuals who fraudulently solicit investments in virtual currencies. More specifically, the agency is targeting specific types of cryptocurrency fraud schemes through bounty actions.  One type of cryptocurrency fraud are virtual currency price manipulation schemes (like pump-and-dump schemes). They are also targeting pre-arranged or wash trading of virtual currencies including swaps or futures contracts based on virtual currencies.

The CFTC is also targeting virtual currency trades by certain types of unregistered platforms and unregistered persons such as off-exchange leveraged, margined, or financed commodity transactions. Supervision failures or fraudulent conduct are also being targeted by virtual currency exchanges.

More Information on SEC and CFTC Bounty Actions

For more information on Cryptocurrency Fraud as a basis for SEC and CFTC Bounty Actions and anonymous reporting of market fraud, please go to the following web pages: Anonymous Reporting Through Bounty Actions and Securities Fraud and Commodities Fraud Can Be The Basis of Bounty Actions.

The U.S. Commodity Futures Trading Commission is offering large financial rewards to financial professionals who expose money laundering.  Further, financial professionals who anonymously expose money laundering through a lawyer, can protect their identity.  These money laundering whistleblowers can also collect the rewards anonymously.

Money Laundering Violations Can Be The Basis For Anonymous Bounty Actions

The CFTC regulates the US commodities market including  the currency markets. Further, through bounty actions the CFTC and SEC are targeting money laundering violations involving large financial corporations.  Successful bounty actions require original knowledge of significant violations of Anti-Money Laundering Rules.

The CFTC requires money laundering bounty actions to be properly reported.  More specifically, successful whistleblowers need to provide specific original information of significant money laundering violations to the CFTC. The Anti-Money Laundering Rules, Bank Secrecy Act, and Money Laundering Control Act require banks to report money laundering. Bounty Actions target financial companies who fail to report clear signs of money laundering.  More specifically, the CFTC wants tips regarding unscrupulous banks that are complicit in the placement of money laundering.  These banks often misrepresent money sources to increase business and profits.

Financial Professionals Have Specific Knowledge of Hard to Detect Illegal Acts

Because Financial Professionals work with specialized knowledge, they often have original information of illegal conduct.  The CFTC wants this information to help regulate the financial markets and prevent significant illegal money laundering.  They recently announced that they are seeking information on money laundering as well as other illegal conduct.

More specifically, the CFTC wants financial professionals with knowledge of bank and other corporations who are not following Anti-Money Laundering Rules.

More Information on Anonymous Bounty Actions

The CFTC is offering large financial rewards to financial professionals who expose illegal conduct in the financial markets.  More specifically, they are seeking original information on money laundering, insider trading, market manipulation, and illegal bribes.  For more information on Anonymous Bounty Actions, please feel free to go to the following web pages: CFTC Bounty Actions, Anonymous Bounty Actions, and SEC Bounty Actions.

ETF Bounty Actions offer large financial rewards to professionals and investors who anonymously expose ETF Fraud. These rewards target financial fraud schemes including ETF violations. More specifically, Bounty Actions encourage people with specialized knowledge of illegal manipulation in the financial markets to expose complicated fraud schemes and insider trading. Because of the prevalence and complexity of some ETFs, the ETF market is of particular interest for Bounty Actions.

ETF History and Development

An exchange-traded fund (ETF) trades on stock exchanges, much like stocks. An ETF holds assets such as stocks, commodities, or bonds and generally operates with an arbitrage mechanism designed to keep it trading close to its net asset value, although deviations can occasionally occur.  ETFs are regulated by the SEC and/or the CFTC depending what is in the fund.

ETFs were first developed over 27 years ago.  This investment vehicle provides investors with a number of benefits, including access to a wide array of investment strategies. ETFs are hybrid investment products not originally allowed under the U.S. securities laws.  More specifically, ETF shares trade on an exchange like a stock or closed-end fund.  However, ETF shares also allow identified large institutions to transact directly with the fund.

ETF Regulations and ETF Bounty Actions

The SEC has issued more than 300 exemptive orders allowing ETFs to operate under the Investment Company Act.  Currently, approximately 2,000 ETFs with net assets worth over $3.3 trillion are on the market.  Investors use ETFs for a variety of investment strategies.

Some ETFs combine several different types of assets and can conceal troubled assets. For this reason, the SEC and CFTC require ETF transparency and ETF disclosures.  These rules protect Main Street investors from fraud.  More specifically, the SEC and CFTC are working for a consistent, transparent, and efficient ETF regulatory framework.  The newest framework eliminates some regulatory hurdles, but maintains investor protections.

More Information of ETF Bounty Actions and Other Bounty Actions

In addition to new ETF regulations, ETF Bounty Actions regulate the financial markets.  For more information on ETF Bounty Actions go to the following web pages: ETF Investment Fraud Lawyer Information and SEC and CFTC Bounty Actions.

 

Anonymous Reporting of Commodity Manipulation Schemes Can Earn Large Financial Rewards

Individuals can earn large financial rewards by anonymously exposing commodity market manipulation schemes.  The Commodity Future Trading Commission CFTC is offering financial rewards to detect manipulation schemes.  The rewards are available to anyone who properly exposes significant violations of the Commodity Exchange Act CEA.  To be successful, the whistleblower must report original information of a significant manipulation scheme.

Financial Professionals and Sophisticated Investors Often Have Specialized Knowledge of Commodities Market Manipulation Schemes

Financial professionals and sophisticated investors with specialized knowledge of manipulation schemes are needed to expose schemes.  As such, in addition to the financial rewards, CFTC Whistleblower Protections include identity protections.  More specifically, whistleblowers can expose commodities market manipulation schemes anonymously by reporting them through a lawyer.  These protections also prevent corporations from retaliating against whistleblowers as well as forcing ex-employees from reporting violations.

Manipulation Schemes in the Commodities Market

The CFTC regulates the US commodities market including trading of oil & gas, precious metals, and currencies.  When large corporations and investors manipulate the price of a commodity, this manipulation can be the basis of a bounty action.  Further, by reporting these schemes anonymous whistleblowers can earn a reward based on the size of the market manipulation.  The CFTC through their Whistleblower Reward Program has awarded several million in rewards.  More specifically, in one case the CFTC awarded $30 million.  Further, the CFTC has recently requested additional tips regarding commodity manipulation, insider trading, foreign bribe, currency fraud, money laundering, and other CEA violations.

More Information on CFTC Bounty Actions and Anonymous Reporting of Commodities Manipulation and other Investment Fraud

For more information on CFTC Bounty Actions and Rewards, please go to the following webpages: Report Commodity Exchange Act Violations Anonymously through a Whistleblower Reward Lawyer and CFTC Bounty Action Lawyer ,  Investment Fraud Bounty Actions, and Securities Fraud and Commodities Fraud Bounty Actions.

Employees often have specialized knowledge of significant fraud. For this reason, reward laws have been set up to encourage employees to expose significant fraud. Some of these laws have built in protections to conceal the identity of a Whistleblower through various stages of the investigation of a potential case. Other reward laws allow an employee whistleblower to anonymously report significant fraud through a lawyer.

As such, numerous professionals have exposed hard to detect fraud and protected their identities. For more information on this topic, please go to the following webpages: Whistleblower Reward Lawyer Information and Bounty Action Lawsuits.

Employee whistleblowers are needed to expose hard to detect systematic fraud.  As such, several whistleblower reward laws have been enacted to allow employee whistleblowers to recover large financial rewards for properly exposing significant fraud.  These laws target healthcare fraud, defense contractor fraud, investment fraud, safety issues, and corruption including bribes.

Employees including healthcare professionals, financial professionals, IT professionals, auditors, and quality control professionals often have specialized knowledge regarding fraud and corruption schemes.  To protect these employee whistleblowers several protections have been written into several of the whistleblower reward laws.

For more information on employee whistleblower laws and whistleblower reward laws, please go to the following webpages:

• Employee Whistleblower Award and Recovery Lawsuits
• Whistleblower Reward Lawyer
• Whistleblower Reward  Information