CFTC Whistleblower Fund Improvement Act of 2023
Latest action · Jul 26, 2023 Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedJul 26, 2023
- Passed SenateNot reached
- Passed HouseNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
CFTC Whistleblower Fund Improvement Act of 2023
This bill makes modifications to the Commodity Futures Trading Commission Customer Protection Fund. The fund is used for whistleblower awards and customer education initiatives and is financed by monetary sanctions for commodities law violations.
First, the bill raises the cap on the amount allowed to be deposited into the fund. The bill also permanently extends the availability of amounts set aside in an account for customer education initiatives and administrative expenses of the Commodity Futures Trading Commission's Office of Customer Education and Outreach and the Whistleblower Program. Currently, any amount remaining in this account as of October 1, 2024, must be returned to the fund.
Cosponsors 5
Members who signed on, in the order they did. Signatures ran from Jul 26, 2023 to Sep 6, 2023, with 4 there on the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| R-AR | John Boozman | Original | Jul 26, 2023 |
| D-NH | Margaret Wood Hassan | Original | Jul 26, 2023 |
| D-GA | Raphael G. Warnock | Original | Jul 26, 2023 |
| R-ME | Susan M. Collins | Original | Jul 26, 2023 |
| D-PA | John Fetterman | Sep 6, 2023 |
Actions 2
Everything that happened, newest first.
- Jul 26, 2023Introduced in Senate
- Jul 26, 2023Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
Related bills 1
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| HR 4935 | 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. | Related bill | Sep 19, 2023 |
Subjects
Assigned by the Library of Congress. Policy area: Finance and Financial Sector.
Text 1
Each version as it was printed, newest first.
- Jul 26, 2023Introduced in Senate
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov.