Proposal:CFTC Whistleblower Fund Improvement Act of 2023

This proposal is archived and closed to further debate. It was introduced in the 118th Congress, which has concluded, and the bill was not enacted into law.

Bill	S 2500
Type of Legislation	Senate Bill
Congress	118
Status	Archived — 118th Congress concluded
Source	View original on Congress.gov

Geographic Scope

National

Description

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.  

Bill Title

CFTC Whistleblower Fund Improvement Act of 2023

Linked Goals

• Goal:Promote General Welfare

Steps

Steps taken on this bill were not available from Congress.gov.

Projected Outcome

A more informed proposal or public response aligned with the Promote General Welfare goal.