Tag: Brian Young

Whistleblower Power: The CFTC $55 Million Fine in an Embattled Whistleblower Enforcement Action!

CFTC Charlene Lensburg - July 27, 2024

In an embattled decision, the U.S. Commodity Futures Trading Commission (CFTC) has imposed a $55 million fine on Trafigura Trading LLC, a Houston-based subsidiary of the global commodities trader Trafigura PTE, Ltd. This marks the CFTC's first-ever enforcement action under its whistleblower protection rule, implemented seven years ago. The settlement, announced on June 17, 2024, addresses multiple violations of the Commodity Exchange Act (CEA) and CFTC regulations by Trafigura Trading LLC.

CFTC Appoints Brian Young as New Director of Whistleblower Office, Strengthening Enforcement Efforts

CFTC tamir - February 18, 2024

The U.S. Commodity Futures Trading Commission (CFTC), under the leadership of Chairman Rostin Behnam, has announced a strategic appointment to bolster its enforcement capabilities. Brian Young steps into the role of Director of the CFTC’s Whistleblower Office, bringing with him a wealth of experience from the Department of Justice (DOJ), where he significantly contributed to antitrust and white-collar crime litigation.

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