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United States · Bill · HR

H.R. 4909 (116th)

CFTC Cost-Benefit Analysis Improvement Act

referredUnited States· United States Congress· EN

Introduced

29 October 2019

Last action

Status

Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.

Sponsors

Subjects

Discovery layer

Source updated

3 January 2025

Summary

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.

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Documents

3 official files

Introduced in House (text)

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