HB4935: To amend the Commodity Exchange Act to adjust the period during which amounts transferred by the Commodity Futures Trading Commission to the account for customer education initiatives and non-awards expenses shall remain available, and for other purposes.
- 1Introduced (current step)
- 2Passed One Chamber
- 3Passed Both Chambers
- 4Became Law
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Bill information
Summary
To amend the Commodity Exchange Act to adjust the period during which amounts transferred by the Commodity Futures Trading Commission to the account for customer education initiatives and non-awards expenses shall remain available, and for other purposes.
Plain-language summary
This bill would change how long money stays available in a special account at the Commodity Futures Trading Commission (CFTC), a federal agency that oversees futures and options markets. The account receives transferred funds for customer education programs and other non-award expenses. The bill adjusts the time period these funds remain usable before they expire or revert. The bill is currently introduced in Congress, meaning it has been formally submitted but not yet assigned to a for review.
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HB4935: To amend the Commodity Exchange Act to adjust the period during which amounts t…