This bill modifies how the Commodity Futures Trading Commission (CFTC) manages its advisory committees, which provide guidance on financial regulations affecting futures markets and commodity trading. The legislation clarifies that these advisory committees should hold regular meetings and submit reports and recommendations to the Commission, including any minority viewpoints from members. The bill brings these advisory committees under the Federal Advisory Committee Act, a federal law that sets standards for how government advisory groups operate and maintain transparency. Any advisory committees that exist when this bill becomes law may continue operating under their current rules until September 30, 2026, or when their charter is renewed, whichever comes first. The bill does not include new funding provisions, as it primarily addresses administrative procedures for existing committees.
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