This bill amends the Commodity Exchange Act to strengthen protections for proprietary information that companies submit to the Commodity Futures Trading Commission (CFTC). The legislation requires the CFTC to establish rules and regulations governing how it handles sensitive business information, including when it requests such data, how it safeguards it based on sensitivity levels, and which staff members can access it. The bill also requires the CFTC to adopt rules about sharing proprietary information with other government agencies, with those rules ensuring that receiving agencies maintain comparable safeguards and follow existing confidentiality requirements. The legislation affects commodity trading firms and other companies that provide sensitive business information to the CFTC. No specific funding amounts or implementation timelines are specified in the bill text.
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