New York City lawmakers have unveiled a legislative package that introduces whistleblower bounties and grants individuals the right to sue AI developers for damages.
New York City lawmakers are proposing a new legislative package that includes financial incentives for AI whistleblowers and stricter safety requirements for developers.
The CFTC has distributed over $150 million in whistleblower awards, bringing total payouts since 2014 to more than $395 million.
The CFTC has introduced a new rule guaranteeing a 30% award for whistleblowers in cases involving sanctions of $5 million or less.
The CFTC has proposed a rule to grant whistleblowers the maximum 30% award for smaller enforcement cases, covering about 82% of historical claims.
