CFTC Whistleblower Fund Improvement Act of 2023
This bill increases the Commodity Futures Trading Commission's (CFTC) whistleblower fund from $100 million to $300 million and creates a separate account within the fund. The new account, capped at $10 million, specifically covers education initiatives and administrative costs for the CFTC's whistleblower program staff. It modifies the program's funding to be "until expended" instead of "until the fund is exhausted" and removes an outdated funding paragraph. The bill directly affects the CFTC's ability to manage its whistleblower program and support staff handling fraud reports in commodity markets.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jul 2023
Committee Review
Floor Vote
President
Introduced Jul 26, 2023
Last action Jul 26, 2023
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
1
Jul 26, 2023
Committee
Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
upper
Jul 26, 2023
Introduced
Introduced in Senate
upper
1 primary · 5 co-sponsors
Sponsors
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