To amend the Commodity Exchange Act to authorize certain treatment of customer property during commodity broker bankruptcy.
Sponsor

Full profile: /officials/T000488
Source: Congress.gov · FEC
Cosponsors (1)
Members who have signed on to support this bill since introduction. Source: Congress.gov.
Latest Action
The most recent step in the bill's legislative path. Committee Activity below shows referrals and reports; the full action-by-action history including floor proceedings lives at Congress.gov →
Committee Activity
Currently in
- House Committee on AgricultureReferred To · 2026-07-15
Plain-English Summary
When a commodity broker goes bankrupt, this proposal would clarify how customer money and investments held by that broker should be handled and protected. The change aims to ensure that customers' funds are treated fairly and recovered as quickly as possible during the bankruptcy process, rather than being tied up in lengthy legal disputes. This affects people and businesses who trade commodities like oil, grain, and metals through brokers.
AI-assisted summary generated from the official bill metadata (title, subjects, actions) sourced from Congress.gov. Cached and reviewed. Always verify against the official text linked below.
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