DeFazio (OR)

#16

LATE Adds one requirement to the study on high frequency trading: Whether such trading increases market volatility, including short term market swings such as the "flash crash."

DeLauro (CT), Welch (VT), Courtney (CT)

#3

Requires the CFTC to collect modest user fees to recover the cost of their annual appropriation, bringing it in line with other financial regulators including: Securities and Exchange Commission, National Credit Union Association, Federal Housing Finance Agency, and Federal Deposit Insurance Corporation.

DelBene (WA), Gibson (NY), Vargas (CA)

#17

LATE Ensures that the Commission’s assessment of costs and benefits regarding rules and orders will be affirmed by a court unless that assessment is found to be an abuse of discretion.

Deutch (FL)

#10

REVISED Permits the Commodity Futures Trading Commission to self-fund up to a spending cap set by Congress.

Fincher (TN)

#1

REVISED Directs the Comptroller General of the United States to conduct a study of the efficiencies in leasing and rental costs at the Commodity Futures Trading Commission.

Garrett (NJ)

#11

Exempts Registered Investment Companies (RICs) that are currently registered with the Securities and Exchange Commission (SEC) under the Investment Company Act of 1940 from duplicative registration requirements with the Commodity Futures Trading Commission (CFTC). The SEC will continue to have full regulatory oversight and enforcement authority over RICs. Does not remove the jurisdiction and regulatory authority that the CFTC has over all futures, options and swaps transactions that the RICs invest in on behalf of their customers who are pensioners, retirees, and savers.

Jackson Lee (TX)

#12

Permits Commssion approval or denial of the financial models of swap dealers and participants.

Jackson Lee (TX)

#13

Preserves existing law by striking “United States Court of Appeals for the District of Columbia Circuit or the United States Court of Appeals for the circuit,” and replaces with “United States District Court for the District of Columbia or the United States District Court for the district.”

Jackson Lee (TX)

#14

Requires a study on entities regulated by the Commodities Futures Trading Commission.

Lynch (MA), Waters (CA)

#4

Protects U.S. taxpayers by affording the Commodity Futures Trading Commission the power to regulate swaps activity in foreign markets that directly and significantly impact U.S. commerce.

Lynch (MA)

#5

Protects against abuses in the markets caused by high frequency trading by requiring the Commodity Futures Trading Commission to commence a rulemaking to address high frequency trading on markets in its jurisdiction.

Moore, Gwen (WI)

#2

Strikes Section 203, and replaces with the SENSE OF CONGRESS that the Commodities Future Trading Commission is already required by law to consider costs and benefits when promulgating rules and issuing orders, and is held accountable to this requirement by courts.

Sarbanes (MD)

#15

Increases CFTC monetary penalties for individuals, and persons other than individuals, found in violation of the Commodity Exchange Act and expands the statute of limitation from 5 to 10 years under which the CFTC may sue to seek penalties.

Waters (CA)

#6

Prevents the CFTC from second-guessing determinations already made by Congress by prohibiting the Commission from considering costs and benefits of rules expressly mandated by statute.

Waters (CA)

#7

Prevents individuals from serving on advisory committees of the CFTC if the individual – or their employer, related to conduct the individual has been involved in – has been convicted of, has entered into a judicial or administrative decree or order determining guilt for, or is under investigation related to, violations of the Federal securities laws or the Commodity Exchange Act.

Waters (CA)

#9

Prohibits judicial review of any consideration by the CFTC of the costs and benefits of its rules and orders.

Welch (VT), DeLauro (CT)

#8

Ensures that nothing in the cost-benefit analysis section of the bill interferes with the ability of the Commission to prevent fraud, manipulation, or excessive speculation.

Welch (VT)

#18

LATE Requires a bona fide hedge to be related to a specific, identifiable risk.