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President Biden Signs Bill to Fund CFTC Whistleblower Program

President Biden has signed into law legislation that would temporarily set up a new account to pay for the operations of the Commodity Futures Trading Commission’s whistleblower program, paving the way for the U.S. derivatives markets regulator to resolve a funding crisis over a large potential payout. The bill, an amended version of the CFTC Fund Management Act, was signed into law by the president on Tuesday, after Congress passed the bipartisan legislation last month.

Mentions: Management Bank Whistleblower