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H.R. 4333

To amend the Commodity Exchange Act to provide certainty for futures customers and market participants, and for other purposes.

This bill allows the Commodities and Futures Trading Commission (CFTC) to consider certain property as customer property for purposes of distribution priority in the event of bankruptcy of a commodities broker. Specifically, the CFTC may provide by rule that cash, securities, or other property including trading or operating accounts of the broker and commodities held in inventory by the broker are considered customer property, but only if other customer property is insufficient to satisfy the net equity claims of public customers.

Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.

Rep. Spanberger, Abigail Davis [D-VA-7](D-VA)Sponsor
1 cosponsor1 R
1cosponsors1committees4actions2related bills6subjects
  1. Committee

    Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.

    Commodity Markets, Digital Assets, and Rural Development Subcommittee
  2. IntroReferralH11100

    Referred to the House Committee on Agriculture.

    Agriculture Committee
  3. IntroReferralIntro-H

    Introduced in House

  4. IntroReferral1000

    Introduced in House

To amend the Commodity Exchange Act to provide certainty for futures customers and market … — Informed