Bill · H.R. 6655· House(119-HR-6655)
CFTC Charitable Organization Exemption Act of 2025
- Introduced
- 12/11/2025
- Last activity
- 1/13/2026 — Referred to the Subcommittee on Commodity Markets, Digital Assets, and Rural Development.
- Sponsored by
- April McClain Delaney
- Cosponsors
- - 0 - 1
- Introduced
- In Committee
What this bill would do
This bill, known as the "CFTC Charitable Organization Exemption Act of 2025," seeks to change how commodity trading is regulated. It aims to exempt specific charitable organizations from certain regulations and registration requirements. Specifically, it would change the Commodity Exchange Act regarding commodity trading advisors and commodity pool operators. Under this act, certain charitable organizations and their staff would not be subject to specific prohibitions regarding the use of mail or interstate commerce for their activities. This exemption applies when the activities are conducted on behalf of the charity or specific excluded investment entities.
Yes
Does this make it easier to run a small business?+5
The bill provides registration exemptions for small commodity trading advisors who advise fewer than 15 persons.
Is this likely to lift people out of poverty?+2
By exempting charitable organizations from certain commodity trading regulations, the bill may reduce administrative burdens on their investment activities.
Would households on low incomes be better off under this?+1
The bill could indirectly benefit low-income households if charitable organizations can more easily manage their investment trusts.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
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Exemption for Charitable Organizations: The bill would allow charitable organizations, including their trustees, officers, employees, or volunteers, to engage in advisory or pool activities without being subject to the prohibitions in subsection (a) of section 4m, provided the activities are conducted on behalf of the organization or certain excluded investment trusts (Section 2, subsection (b)(2)(A)).
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Exemption for Specific Plans and Accounts: The bill provides an exemption for plans, companies, or accounts described in section 3(c)(14) of the Investment Company Act of 1940, as well as those who establish or maintain them, when their activities are conducted on behalf of specific investment trusts (Section 2, subsection (b)(2)(B)).
Potential Negative Impacts for People
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No Relief from SEC Obligations: The bill states that nothing in the act relieves any person of obligations or duties, or affects the availability of rights or remedies available to the Securities and Exchange Commission or private parties under the Securities Act of 1933 or the Securities Exchange Act of 1934 (Section 2, subsection (c)).
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Disclosure Requirements: Even with the exemption, a commodity trading advisor or pool operator acting as a charitable organization must still provide disclosure in accordance with section 7(e) of the Investment Company Act of 1940 (Section 2, subsection (d)).
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- Economy And Finance
- Improves Small Business Support+5
- Social Issues And Justice
- Improves Poverty Reduction+2
- Demographic And Interest Groups
- Good For Low Income Households+1
- 1/13/2026
- Referred to the Subcommittee on Commodity Markets, Digital Assets, and Rural Development.
- 12/11/2025
- Referred to the House Committee on Agriculture.
- 1 Cosponsor added.
- Introduced in House
Mark MessmerRepublican · Indiana