On August 4th, the CFTC voted to approve new final rules implementing its new whistleblower program. The new rules provide that the CFTC will pay awards to whistleblowers who are individuals that provide original information to the CFTC, which leads to successful enforcement of a CFTC action resulting in monetary sanctions exceeding $1,000,000. The amount of the award will be between 10 to 30 percent of sanctions collected in either the CFTC's action or a related action that is based upon the original information provided by the whistleblower. The new final rules specifically provide that whistleblower bounties may be paid for activity that occurred prior to the enactment of the Dodd-Frank Act. The rules also contain anti-retaliatory discharge provisions. The rules are effective 60 days after publication in the Federal Register, which is expected during the week of August 8th. CFTC Fact Sheet.