UPDATE 1-'Flash crash' whistleblower may see multi-million dollar pay day

April 22, 2015 11:22 PM

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WASHINGTON/NEW YORK, April 22 (Reuters) - An anonymous tipster who claims to have led the U.S. government to bring charges against alleged "flash crash" trader Navinder Singh Sarao could potentially reap millions of dollars under a federal whistleblower award program.

The U.S. Commodity Futures Trading Commission's (CFTC) whistleblower program, created after the 2010 Dodd-Frank Wall Street regulatory reform, awards tipsters between 10 percent and 30 percent of the total sanctions collected if the government collects $1 million or more.

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