Rouzer Introduces Bill to Protect Investors’ Data at the
Commodity Futures Trading Commission
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.”
“The lack of clear guardrails at the CFTC for requesting and protecting proprietary data creates unnecessary risk for market participation, especially for those whose strategies rely on highly sensitive data,” said Congressman Scott. “This bill sets commonsense rules to ensure regulators can access the information they need while safeguarding confidential data and maintaining trust in our financial system.”
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.
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.
The CFTC Proprietary Information Act of 2026 requires the Commission to:
Define the circumstances under which it may request or require information
Establish security protocols for handling investors’ data, including preventing unlawful disclosures and limiting employee access
Develop interagency plans for the secure sharing of data across the federal government
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.
