HR 4909
CFTC Cost-Benefit Analysis Improvement Act
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Sign in to take action- Introduced
- Passed House
- Passed Senate
- To President
- Became Law
Bill overview
This bill, the CFTC Cost-Benefit Analysis Improvement Act, aims to strengthen how the Commodity Futures Trading Commission (CFTC) evaluates the potential costs and benefits of its regulations and orders. It establishes an Office of the Chief Economist within the CFTC, responsible for conducting these analyses and publishing them as part of proposed rules. The analysis must consider a wide range of factors, including market liquidity, alternative regulatory approaches, and the costs of compliance for regulated entities, and will be subject to judicial review to ensure reasoned decision-making.
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Primary sponsor
Dusty [R-SD-At Large] Johnson
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