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CFTC Research and Development Modernization Act

This act aims to modernize how the Commodity Futures Trading Commission (CFTC) researches new technologies and their market impact. This means citizens can expect better understanding and protection in a rapidly evolving financial world, along with access to educational materials about these markets. These changes are intended to help ensure the stability and security of the markets where citizens invest.
Key points
The CFTC will research emerging technologies and innovations to better understand their impact on financial markets and protect investors.
The Commission will develop educational materials for citizens to help them understand market operations and new technologies.
The CFTC gains new capabilities to collaborate with developers and potential users, aiming to accelerate development and adaptation to market changes.
The act establishes rules for accepting non-monetary contributions (e.g., data access, services) for research, with transparency and limitations to prevent conflicts of interest.
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Additional Information
Print number: 117_HR_4337
Sponsor: Rep. Scott, Austin [R-GA-8]
Process start date: 2021-07-01
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OFFICIAL LEGAL TITLE

Commodity Futures Trading Commission Research and Development Modernization Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_HR_4337.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2021-07-01.

What are the main provisions?

Key points include:

  • The CFTC will research emerging technologies and innovations to better understand their impact on financial markets and protect investors.
  • The Commission will develop educational materials for citizens to help them understand market operations and new technologies.
  • The CFTC gains new capabilities to collaborate with developers and potential users, aiming to accelerate development and adaptation to market changes.
  • The act establishes rules for accepting non-monetary contributions (e.g., data access, services) for research, with transparency and limitations to prevent conflicts of interest.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Scott, Austin [R-GA-8].

What is the latest detailed status?

The latest detailed status is: Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2026-01-02.

CATEGORIES

Economy Informatization