HR 4772
CFTC Cybersecurity and Data Protection Enhancement Act
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- Passed House
- Passed Senate
- To President
- Became Law
Bill overview
This bill, the CFTC Cybersecurity and Data Protection Enhancement Act, strengthens the Commodity Futures Trading Commission’s (CFTC) ability to protect proprietary information provided by individuals and businesses. It requires the CFTC to obtain written agreement from individuals before accessing their data, outlining the purpose of the request and the method of access. The bill also establishes rules for the CFTC to safeguard information received, including retention and access limitations, and defines ‘proprietary information’ to encompass sensitive trading strategies and cybersecurity vulnerabilities.
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Primary sponsor
Rodney Davis
Cosponsor
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