119th (2025–2027)
H.R. 9128
This bill amends federal commodity trading law to clarify how the Commodity Futures Trading Commission (CFTC) can share information with other government agencies and foreign authorities. The legislation establishes clear rules for when the CFTC can disclose trader names, addresses, and transaction data to congressional committees, domestic federal and state agencies, and foreign governments, while requiring that recipients keep the information confidential unless using it in legal proceedings. The bill also protects legal privileges, ensuring that when the CFTC shares privileged information—such as attorney-client communications—with other agencies or foreign authorities, doing so does not waive those legal protections. Additionally, the law clarifies that other agencies sharing information with the CFTC do not waive their own legal privileges, with a narrow exception for entities being investigated by the CFTC. The legislation contains no new funding requirements or specific implementation timelines.