Vincente Martinez named director of CFTC’s Whistleblower Office

Gary GenslerGary Gensler, the chairman of the Commodity Futures Trading Commission, announced on Friday that he has named Vincente Martinez as the first director of the commission's recently opened Whistleblower Office.
The Whistleblower Officer was created by section 748 of the Dodd-Frank Wall Street Reform and Consumer Protection Act. The program allows the commission to pay awards to individuals who voluntarily provide original information about Commodity Exchange Act violations.
The information must lead to a successful enforcement action by the commission resulting in monetary sanctions exceeding $1 million or a similar action.
“The CFTC’s Whistleblower Office, which the agency implemented under the Dodd-Frank Act, provides the public an avenue to help catch misconduct in the markets and improve the CFTC’s ability to be an effective cop on the beat,” Gensler said. “With Vincente’s valuable experience, the CFTC has a very capable hand leading this important office.”
Martinez joins from the Securities and Exchange Commission, where he served as an assistant director in the Division of Enforcement. Martinez helped to establish and run the Office of Market Intelligence at the SEC, which handled the collection and analysis of complaints, referrals and tips from self-regulatory organizations, government agencies and the public.
The Whistleblower Office is governed by the final rules of the commission, which potential whistleblowers should review to understand how to submit a tip, how to maintain eligibility and how to claim an award.

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