CFTC Advisory Committee Improvement Act of 2025

Summary

Revises the Commodity Futures Trading Commission's rules for advisory committees by making those committees subject to the Federal Advisory Committee Act (FACA), requiring them to meet as needed and allowing them to submit reports and recommendations (including minority views). Existing CFTC advisory committees that had a charter when the law takes effect, or were established under the prior statute, may continue to operate under their current charters or the prior rules until their charter is renewed or until September 30, 2026, whichever comes first.

• Subjects CFTC advisory committees to the Federal Advisory Committee Act (FACA).
• Requires advisory committees to meet as necessary and allows them to submit reports and recommendations, including minority views.
• Existing committees with a charter at enactment may continue under their current charters or prior rules until charter renewal or Sept 30, 2026.
• Does not create new funding, deadlines, or change the CFTC's substantive regulatory authority.
• Imposes administrative and transparency requirements (public notice, open meetings, records) on CFTC advisory committees.
• Provides a transition period to reduce disruption to currently operating advisory committees.
• Likely increases public access to committee meetings and documentation.
• Administrative burden falls primarily on the CFTC to comply with FACA procedures.