The Commodity Futures Trading Commission has launched a website to make it easier to report suspected manipulation
US regulator the Commodity Futures Trading
Commission last week sought to encourage whistle-blowers to
flag-up potential violations by launching a website to simplify
the process but market experts have questioned if the move will
drive any significant industry change.
The practice of 'blowing the
whistle’ on suspected market violations has
attracted criticism and support alike, though an air of
scepticism over the motives behind the CFTC’s
latest push for the programme remains.
"I think it may have
some impact but it is unlikely to result in a substantial
increase," senior analyst Virginie O’Shea
at Aite Group told FOW. "The CFTC’s decision to
offer financial incentives for whistle-blowers likely reflects
the low number of reported instances of misconduct in the US
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