To amend the Commodity Exchange Act to adjust the period during which amounts transferred by the Commodity Futures Trading Commission to the account for customer education initiatives and non-awards expenses shall remain available, and for other purposes.

To amend the Commodity Exchange Act to adjust the period during which amounts transferred by the Commodity Futures Trading Commission to the account for customer education initiatives and non-awards expenses shall remain available, and for other purposes. 1. Commodity Futures Trading Commission customer protection fund modifications (a) Separate account for education initiatives and expenses Section 23(g) of the Commodity Exchange Act ( 7 U.S.C. 26(g) (1) in paragraph (2)(A), by striking subsection (a) subsection (b) (2) in paragraph (3)— (A) in subparagraph (A), by striking $100,000,000 $300,000,000 (B) in subparagraph (B), by striking subparagraph (A) clause (i) (C) by redesignating subparagraphs (A) through (C) as clauses (i) through (iii), respectively, and indenting the clauses appropriately; (D) in the matter preceding clause (i) (as so redesignated), by striking There shall be deposited into or credited to the Fund: (A) In general There shall be deposited in, or credited to, the Fund the following: ; and (E) by adding at the end the following: (B) Separate account for education initiatives and administrative expenses (i) In general Any amounts contained in, deposited in, or credited to the Fund under subparagraph (A) may be transferred to a separate account in the Fund described in clause (ii), unless the balance of that separate account at the time the amounts are transferred exceeds $10,000,000. (ii) Use of separate account The separate account referred to in clause (i) shall be available to the Commission, without further appropriation or fiscal year limitation, for— (I) the purpose described in subparagraph (B) of paragraph (2); and (II) the funding of administrative and salary expenses necessary for personnel to carry out the activities described in subparagraphs (A) and (B) of that paragraph. . (b) Commodity Futures Trading Commission whistleblower program Section 1(b) of Public Law 117–25 Public Law 117–328 (1) in paragraph (3), by striking until until expended. (2) by striking paragraph (4). (c) Technical corrections Section 23 of the Commodity Exchange Act ( 7 U.S.C. 26 (1) in subsection (a)(5), by striking subsection (a) subsection (b) (2) in subsection (c)(1)(B)(i)(III), by striking the Act this Act (3) in subsection (f)(3), by striking section 7064 section 706

Summary: This bill makes modifications to the Commodity Futures Trading Commission Customer Protection Fund. The fund is used for whistleblower awards and customer education initiatives and is financed by monetary sanctions for commodities law violations. First, the bill raises the cap on the amount allowed to be deposited into the fund. The bill also permanently extends the availability of amounts set aside in an account for customer education initiatives and administrative expenses of the Commodity Futures Trading Commission's Office of Customer Education and Outreach and the Whistleblower Program. Currently, any amount remaining in this account as of October 1, 2024, must be returned to the fund.