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CFTC International Operational Improvements Act of 2026
To allow the Commodity Futures Trading Commission and certain authorities to exchange detailees on a temporary basis, and to allow resource-sharing from other Federal agencies.
Summary
This bill allows the Commodity Futures Trading Commission (CFTC) to accept temporary assignments of employees from other federal agencies and from foreign financial regulatory authorities. Employees detailed to the CFTC can be assigned on a reimbursable or non-reimbursable basis without loss of civil service status. The bill also allows CFTC employees to be temporarily detailed to work for foreign governmental financial authorities. Foreign detailees must comply with U.S. ethics and conduct standards and cannot hold management positions at the CFTC. The bill aims to improve international coordination on derivatives and commodities regulation through this employee exchange arrangement.
AI-generated plain-language summary of the bill text — neutral, and may be imperfect. See the full text below for the exact wording.
Sponsor (1)
- Rep. Mann, Tracey [R-KS-1] (R-KS)
1 cosponsor
Money behind the sponsor
Top reported contributors to Tracey Mann’s campaign committee (2024 cycle) — who funds the bill’s sponsor, not a claim about this bill. Data from FEC.
- WINTER LIVESTOCK $13,200
- ICM INC. $8,300
- SILVER COMPANIES $7,220
- EQUITY BANK $6,850
- CROSSLAND CONSTRUCTION COMPANY $6,600
Organizations whose employees gave the most — itemized individual contributions grouped by the donor’s reported employer (FEC Schedule A). Full finance for Tracey Mann → · Outside spending →
Actions (2)
- Apr 2, 2026 Referred to the House Committee on Agriculture. · house
- Apr 2, 2026 Introduced in House
Similar bills (6)
Bills with similar text or summary — includes reintroductions across Congresses. Ranked by semantic similarity of the bill text (computed locally); a neutral discovery aid, not a claim the bills are duplicates.
Full text
IN THE HOUSE OF REPRESENTATIVES
April 2, 2026
Mr. Mann (for himself and Mr. Figures) introduced the following bill; which was referred to the Committee on Agriculture
A BILL
To allow the Commodity Futures Trading Commission and certain authorities to exchange detailees on a temporary basis, and to allow resource-sharing from other Federal agencies.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the “CFTC International Operational Improvements Act of 2026”.
SEC. 2. FOREIGN FUTURES AUTHORITY.
(a) In General.—Section 1a(26) of the Commodity Exchange Act (7 U.S.C. 1a(26)) is amended to read as follows:
“(26) Foreign futures authority.—The term ‘foreign futures authority’ means any foreign government, or any law enforcement authority, department, central bank, ministry, agency, governmental body, or regulatory organization empowered by a foreign government to administer, enforce, or prosecute a law, rule, or regulation relating to matters involving futures, options, swaps, or commodities, or any such authority, department, or agency of a political subdivision of a foreign government empowered to administer, enforce, or prosecute a law, rule, or regulation as it relates to such matters.”.
(b) Conforming Amendment.—Section 12(f) of such Act (7 U.S.C. 16(f)) is amended—
(1) in paragraph (1)—
(A) by striking “futures or options” and inserting “futures, options, swaps, or commodities”; and
(B) by striking “administers or enforces” and inserting “administers, enforces, or prosecutes”; and
(2) in paragraph (2)(A), by striking “in futures and options” and inserting “in futures, options, swaps, or commodities”.
SEC. 3. DETAILING AND RESOURCE-SHARING.
Section 2(a) of the Commodity Exchange Act (7 U.S.C. 2(a)) is amended by adding at the end the following:
“(16) Assistance from federal agencies.—
“(A) In general.—The Commission may accept any assistance, including services, funds, facilities, and other support services as determined by the Commission, to effectuate the purposes and provisions of this Act, from any department or agency of the United States that is authorized under other law to provide the assistance.
“(B) Detail flexibility.—When an employee from another department or agency is detailed to the Commission, the employee may be detailed on either a reimbursable or non-reimbursable basis, and such detail shall be without interruption or loss of civil service status or privilege.
“(17) Assistance from foreign governmental entities.—
“(A) In general.—The Commission may—
“(i) accept details of officers or employees of a foreign futures authority or any department or agency of a foreign government, including a central bank or ministry, on a temporary basis as employees of the Commission pursuant to section 12(b) of this Act, or section 3101 or 3109 of title 5, United States Code; and
“(ii) detail officers or employees of the Commission to work on a temporary basis for an entity described in clause (i).
“(B) Reciprocity and reimbursement.—
“(i) Reciprocity not required.—Assistance described in subparagraph (A) need not be provided on a reciprocal basis.
“(ii) Reimbursement.—
“(I) In general.—The Commission may provide and accept assistance described in subparagraph (A) on a reimbursable or non-reimbursable basis, only in accordance with a written agreement between the Commission and the respective foreign governmental entity.
“(II) Form.—A reimbursement to or from the Commission may be made in cash or in kind. The Commission shall credit a reimbursement received from a foreign governmental entity to the appropriate Commission appropriation, fund, or account.
“(C) Standards of conduct.—An officer or employee detailed under subparagraph (A)(i) shall be subject to the provisions of law relating to ethics, conflicts of interest, or corruption, and to any other statute governing the standards of conduct for Commission employees that are applicable to the type of appointment.
“(D) Limitation.—An officer or employee detailed under subparagraph (A)(i) may not hold any management position at the Commission.”. <all>
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