CFTC Cost-Benefit Analysis Improvement Act
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in house (Oct 29, 2019)
CFTC Cost-Benefit Analysis Improvement Act
This bill generally revises the cost-benefit analysis requirements for the Commodity Futures Trading Commission (CFTC).
It establishes in the CFTC the Office of the Chief Economist. The office must perform the cost-benefit analyses of proposed CFTC regulations and orders. Additionally, such cost-benefit analyses must consider, among other things, the impact of market liquidity on relevant markets, available alternatives to direct regulation, and the cost of compliance for all regulated entities.
A court must affirm such cost-benefit analyses, unless it finds an abuse of discretion.
What just happenedNov 15, 2019
Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.
Who’s behind it
- Introduced in HouseOct 29, 2019
- Nov 15, 2019Committee
Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.
Commodity Markets, Digital Assets, and Rural Development Subcommittee - Oct 29, 2019IntroReferralH11100
Referred to the House Committee on Agriculture.
Agriculture Committee - Oct 29, 2019IntroReferralIntro-H
Introduced in House
- Oct 29, 2019IntroReferral1000
Introduced in House