This legislation aims to enhance the operational capabilities and international cooperation of the Commodity Futures Trading Commission (CFTC). It achieves this by significantly broadening the definition of a "foreign futures authority" to encompass a wider array of foreign governments, law enforcement, central banks, and regulatory organizations involved in futures, options, swaps, or commodities. The bill further empowers the CFTC to engage in flexible resource-sharing and personnel exchanges. It allows the Commission to accept assistance, including services and funds, from other U.S. federal agencies, and to receive or detail employees on a temporary, potentially non-reimbursable basis. Additionally, the CFTC can exchange officers and employees with foreign governmental entities, such as central banks, under written agreements, while ensuring detailed foreign personnel adhere to U.S. ethics standards and do not hold management positions.
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Timeline
Introduced in House
Referred to the House Committee on Agriculture.
Introduced in House
Referred to the House Committee on Agriculture.
Finance and Financial Sector
CFTC International Operational Improvements Act of 2026
USA119th CongressHR-8180| House
| Updated: 4/2/2026
This legislation aims to enhance the operational capabilities and international cooperation of the Commodity Futures Trading Commission (CFTC). It achieves this by significantly broadening the definition of a "foreign futures authority" to encompass a wider array of foreign governments, law enforcement, central banks, and regulatory organizations involved in futures, options, swaps, or commodities. The bill further empowers the CFTC to engage in flexible resource-sharing and personnel exchanges. It allows the Commission to accept assistance, including services and funds, from other U.S. federal agencies, and to receive or detail employees on a temporary, potentially non-reimbursable basis. Additionally, the CFTC can exchange officers and employees with foreign governmental entities, such as central banks, under written agreements, while ensuring detailed foreign personnel adhere to U.S. ethics standards and do not hold management positions.