I 
116TH CONGRESS 
2D SESSION 
H. R. 8952 
To amend the Commodity Exchange Act to modify the Commodity Futures 
Trading Commission Customer Protection Fund, and for other purposes. 
IN THE HOUSE OF REPRESENTATIVES 
DECEMBER 14, 2020 
Mrs. AXNE introduced the following bill; which was referred to the Committee 
on Agriculture 
A BILL 
To amend the Commodity Exchange Act to modify the Com-
modity Futures Trading Commission Customer Protec-
tion Fund, and for other purposes. 
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
SECTION 1. SHORT TITLE. 
This Act may be cited as the ‘‘CFTC Fund Manage-
ment Act’’. 
SEC. 2. COMMODITY FUTURES TRADING COMMISSION CUS-
TOMER PROTECTION FUND. 
Section 23(g) of the Commodity Exchange Act (7 
U.S.C. 26(g)) is amended— 
(1) in paragraph (2)— 
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(A) in subparagraph (A), by striking ‘‘(a); 
and’’ and inserting ‘‘(b);’’; 
(B) in subparagraph (B), by striking the 
period at the end and inserting a semicolon; 
and 
(C) by adding at the end the following: 
‘‘(C) the funding of educational initiatives 
designed to provide information on the incen-
tives and protections available to customers 
under this section; and 
‘‘(D) the funding of administrative and 
salary expenses necessary for personnel to carry 
out the activities described in subparagraphs 
(A) through (C).’’; 
(2) in paragraph (3)— 
(A) in subparagraph (A), by striking 
‘‘$100,000,000’’ and inserting ‘‘$250,000,000’’; 
(B) by redesignating subparagraphs (A) 
through (C) as clauses (i) through (iii), respec-
tively, and indenting appropriately; 
(C) in the matter preceding clause (i) (as 
so redesignated), by striking ‘‘There shall’’ and 
inserting the following: 
‘‘(A) IN GENERAL.—There shall’’; 
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(D) in subparagraph (A)(ii) (as so des-
ignated), by striking ‘‘subparagraph (A)’’ and 
inserting ‘‘clause (i)’’; and 
(E) by adding at the end the following: 
‘‘(B) SEPARATE ACCOUNT FOR EDUCATION 
INITIATIVES
AND
ADMINISTRATIVE
EX-
PENSES.— 
‘‘(i) IN GENERAL.—Any amounts con-
tained in, deposited into, or credited to the 
Fund under subparagraph (A) may be de-
posited into or credited to a separate ac-
count in the Fund described in clause (ii), 
unless the balance of the separate account 
at the time the amounts are deposited or 
credited 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 the purposes described in 
subparagraphs (B) through (D) of para-
graph (2).’’; and 
(3) in paragraph (5)— 
(A) in subparagraph (H), by striking 
‘‘and’’ at the end; and 
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(B) by striking subparagraph (I) and in-
serting the following: 
‘‘(I) a complete set of audited financial 
statements, including a balance sheet, income 
statement, and cash flow analysis, completed by 
an independent auditor, of the account in the 
Fund available for the payment of awards to 
whistleblowers in accordance with paragraph 
(2)(A); and 
‘‘(J) a complete set of audited financial 
statements, including a balance sheet, income 
statement, and cash flow analysis, completed by 
an independent auditor, of the separate account 
for education initiatives and administrative ex-
penses described in paragraph (3)(B).’’. 
Æ 
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