What does Preamble of CFTC International Operational Improvements Act of 2026 do?

This bill, formally titled 'To allow the Commodity Futures Trading Commission and certain authorities to exchange detailees on a temporary basis, and to allow resource-sharing from other Federal agencies,' aims to facilitate the exchange of detailees between the Commodity Futures Trading Commission and other authorities. The bill also seeks to enable resource-sharing between the Commodity Futures Trading Commission and other Federal agencies.

What does SHORT TITLE. of CFTC International Operational Improvements Act of 2026 do?

This bill is formally titled the CFTC International Operational Improvements Act of 2026

What does FOREIGN FUTURES AUTHORITY. of CFTC International Operational Improvements Act of 2026 do?

This section amends the Commodity Exchange Act to define 'foreign futures authority'. The definition of 'foreign futures authority' includes foreign governments, law enforcement authorities, and other entities empowered to administer, enforce, or prosecute laws related to futures, options, swaps, or commodities. Section 12(f) of the Commodity Exchange Act is amended to expand the scope of activities covered to include swaps and commodities. The amendments broaden the definition of actions that can be taken regarding futures, options, swaps, or commodities to include prosecution.

What does DETAILING AND RESOURCE-SHARING. of CFTC International Operational Improvements Act of 2026 do?

This section amends the Commodity Exchange Act to allow the Commission to accept assistance from federal agencies. The Commission may detail employees from other departments or agencies on a reimbursable or non-reimbursable basis. The Commission may also accept details of officers or employees from foreign governmental entities on a temporary basis.

Back to bills

CFTC International Operational Improvements Act of 2026

Last updated: 4/2/2026 · Introduced: 4/2/2026

Author: Tracey Mann (R-KS)

TL;DR (AI)

The bill expands the definition of 'foreign futures authority' under the Commodity Exchange Act to include foreign governments and law enforcement agencies with the power to prosecute related offenses.
It authorizes the Commodity Futures Trading Commission (CFTC) to accept assistance from other federal agencies, including detailing employees on a reimbursable or non-reimbursable basis.
The bill allows the CFTC to accept details of officers or employees from foreign governmental entities on a temporary basis to facilitate international cooperation.

119th Congressin committeeOfficial page

Verified Votes

No verified votes yet.

Community Votes

No community votes yet. Be the first!

Voting as guest · Sign in for verified votes

Other Sections

Includes provisions on preamble, short title., and 2 more.

4 sections

Click "Show details" to explore individual sections. Use the community vote above or visit All Sections to vote per section.

Read official text

Want the full experience?

Create a free account to cast verified votes on each section, get a personalized summary, and track your voting history.

Create Free Account