Text: S.409 — 117th Congress (2021-2022)All Information (Except Text)

Text available as:

Shown Here:
Enrolled Bill

 
[Congressional Bills 117th Congress]
[From the U.S. Government Publishing Office]
[S. 409 Enrolled Bill (ENR)]

        S.409

                    One Hundred Seventeenth Congress

                                 of the

                        United States of America


                          AT THE FIRST SESSION

           Begun and held at the City of Washington on Sunday,
          the third day of January, two thousand and twenty one


                                 An Act


 
   To provide for the availability of amounts for customer education 
  initiatives and non-awards expenses of the Commodity Futures Trading 
        Commission Whistleblower Program, and for other purposes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,
SECTION 1. COMMODITY FUTURES TRADING COMMISSION WHISTLEBLOWER PROGRAM.
    (a) In General.--Notwithstanding any other provision of law, there 
is established in the Treasury a separate account (referred to in this 
section as the ``account''), the amounts in which shall be available 
for the sole purposes of--
        (1) carrying out the activities described in section 
    23(g)(2)(B) of the Commodity Exchange Act (7 U.S.C. 26(g)(2)(B)) 
    (referred to in this section as ``customer education 
    initiatives''); and
        (2) funding the administrative, programmatic, and personnel 
    expenses of the Whistleblower Office and the Office of Customer 
    Education and Outreach of the Commodity Futures Trading Commission 
    (referred to in this section as the ``Commission'') in carrying out 
    section 23 of the Commodity Exchange Act (7 U.S.C. 26) (referred to 
    in this section as ``non-awards expenses'').
    (b) Transfers From Fund Into Account.--
        (1) In general.--Notwithstanding any other provision of law, 
    the Commission shall transfer up to $10,000,000 from the Commodity 
    Futures Trading Commission Customer Protection Fund established 
    under section 23(g)(1) of the Commodity Exchange Act (7 U.S.C. 
    26(g)(1)) (referred to in this section as the ``Fund'') into the 
    account.
        (2) Availability.--Amounts transferred under paragraph (1) 
    shall be available for obligation without further appropriation and 
    remain available until October 1, 2022.
        (3) Remaining amounts.--Amounts remaining in the account that 
    are unobligated on October 1, 2022, shall be returned to the Fund.
    (c) Requirement for Obligations.--The Commission may make 
obligations from the account only when the unobligated balance of the 
Fund is insufficient to pay non-awards expenses and expenses for 
customer education initiatives due to awards that the Commission has 
ordered under section 23(b) of the Commodity Exchange Act (7 U.S.C. 
26(b)).
    (d) Reports to Congress.--The Commission shall include in each 
report required under section 23(g)(5) of the Commodity Exchange Act (7 
U.S.C. 26(g)(5)) the same information with respect to the account as 
the Commission includes in the report with respect to the Fund, to the 
extent the information is relevant to the account.

                               Speaker of the House of Representatives.

                            Vice President of the United States and    
                                               President of the Senate.

Share This