Bill · H.R. 9128· House(119-HR-9128)
CFTC Protection of Information and Data Act of 2026
- Introduced
- 6/3/2026
- Last activity
- 6/15/2026 — Referred to the Subcommittee on Commodity Markets, Digital Assets, and Rural Development.
- Sponsored by
- Mark Messmer
- Cosponsors
- - 0 - 1
- Introduced
- In Committee
What this bill would do
This bill, known as the "CFTC Protection of Information and Data Act of 2026," proposes amendments to the Commodity Exchange Act of 1936. The legislation focuses on updating disclosure authorities and the retention of privileges regarding information held by the Commission. It outlines how the Commission may share information with various domestic and foreign governmental entities. Additionally, it establishes rules for handling privileged information, such as attorney-client or governmental privilege. The Act also specifies the conditions under which such information can be transferred without being considered a waiver of privilege.
Yes
Does this make what the government does easier for the public to see?+2
The bill enhances congressional oversight by ensuring the CFTC furnishes requested information and trader names to congressional committees.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
-
Increased Transparency for Congress: Under Section 2, subsection (e)(1)(B), the Commission is required to furnish names, addresses, and commodity transaction information to Congressional committees upon request. This allows for oversight of traders on the boards of trade.
-
Inter-agency Cooperation: Section 2, subsection (e)(2) allows the Commission to share information with domestic government departments or agencies, including Federal Reserve Banks, acting within their jurisdiction. This can facilitate the administration of the Act across different parts of the government.
-
Protection of Privileged Information: Section 2, subsection (h)(2) ensures that the Commission does not waive any legal privileges, such as attorney-client or work-product privilege, when transferring information to specific entities.
-
Security of Foreign Information: Section 2, subsection (e)(4)(B) requires the Commission to be satisfied that information shared with foreign entities will only be used in connection with specific adjudicatory actions or proceedings, providing a layer of protection for that data.
Potential Negative Impacts for People
-
Information Sharing Restrictions for State Entities: Under Section 2, subsection (e)(3)(B), any information provided to a State or political subdivision can only be disclosed in connection with specific adjudicatory actions or proceedings, which limits how that information can be used.
-
Potential for Information Withholding: Section 2, subsection (h)(3) states that the Commission shall not be compelled to disclose privileged information if a foreign futures authority determines in good faith that the information is privileged. This could limit the availability of certain information.
-
Limited Use of Shared Domestic Information: Section 2, subsection (e)(2)(B) mandates that information shared with Federal departments or agencies cannot be disclosed except in specific legal actions or proceedings where the agency, the Commission, or the United States is a party.
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- Governance And Ideology
- Improves Government Transparency+2
- 6/15/2026
- Referred to the Subcommittee on Commodity Markets, Digital Assets, and Rural Development.
- 6/3/2026
- Referred to the House Committee on Agriculture.
- 1 Cosponsor added.
- Introduced in House
Nikki BudzinskiDemocrat · Illinois