04/16/2026 | Press release | Distributed by Public on 04/16/2026 14:00
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Rouzer Introduces Bill to Protect Investors' Data at the Commodity Futures Trading Commission |
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WASHINGTON, DC - Congressman David Rouzer (R-NC-07), joined by Congressman David Scott (D-GA-13), introduced legislation to establish data protection standards at the Commodity Futures Trading Commission (CFTC). As the agency responsible for overseeing commodities trading, the CFTC must ensure sensitive information it collects remains secure, compliant, and protected from data breaches and misuse. To address this H.R. 8125, the CFTC Proprietary Information Act of 2026, strengthens safeguards to protect investors' data from improper use. "The CFTC has a responsibility for oversight and enforcement of investment institutions, but they must also safeguard sensitive data collected," said Congressman Rouzer. "This bill establishes clear protections for that information and data, providing confidence and security in the markets for all involved."
Today, the House Committee on Agriculture held a full committee hearing with Commodity Futures Trading Commission (CFTC) Chairman Michael S. Selig to conduct oversight of the agency. During the hearing, Congressman Rouzer emphasized the importance of passing H.R. 8125, the CFTC Proprietary Information Act of 2026, to strengthen and harmonize standards for protecting sensitive information. |
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You can watch the remarks here. |
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Background:
CFTC currently lacks clear protocols for handling and safeguarding confidential information collected from investment institutions, and it does not have established policies for securing such data.
Both Congressmen Rouzer and Scott serve on the House Committee on Agriculture's Subcommittee on Commodity Markets, Digital Assets, and Rural Development, which has oversight authority for the operations and practices of the CFTC. You can find the bill text for H.R. 8125 here. |
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