CFTC Probes Non-Disclosure Agreements at Major US Banks: Silence on Whistleblower Concerns?

The Commodity Futures Trading Commission (CFTC) has reportedly launched an investigation into the non-disclosure agreements (NDAs) used by top US banks, including JPMorgan, Bank of America, and Citi. The probe focuses on whether these agreements potentially discourage whistleblowers and hinder the reporting of wrongdoing to the regulator. The CFTC’s investigation follows similar government actions targeting companies accused of using NDAs to suppress employee disclosures of violations.

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