Commodity Futures Trading Commission customer protection fund modifications

(a) Separate account for education initiatives and administrative expenses Section 23(g) of the Commodity Exchange Act (7 U.S.C. 26(g)) is amended— (1) in paragraph (2)(A), by striking subsection (a) and inserting subsection (b); and (2) in paragraph (3)— (A) in subparagraph (A), by striking $100,000,000 and inserting $300,000,000; (B) in subparagraph (B), by striking subparagraph (A) and inserting clause (i); (C) by redesignating subparagraphs (A) through (C) as clauses (i) through (iii), respectively, and indenting the clauses appropriately; (D) in the matter preceding clause (i) (as so redesignated), by striking There shall be deposited into or credited to the Fund: and inserting the following: (A) In general There shall be deposited in, or credited to, the Fund the following:; and (E) by adding at the end the following: (B) Separate account for education initiatives and administrative expenses (i) In general Any amounts contained in, deposited in, or credited to the Fund under subparagraph (A) shall be first deposited in, or credited to, a separate account in the Fund described in clause (ii), regardless of outstanding whistleblower awards, unless the balance of that separate account at the time the amounts are deposited or credited exceeds $10,000,000. (ii) Use of separate account The separate account referred to in clause (i) shall be available to the Commission, without further appropriation or fiscal year limitation, for— (I) the purpose described in subparagraph (B) of paragraph (2); and (II) the funding of administrative and salary expenses necessary for personnel to carry out the activities described in subparagraphs (A) and (B) of that paragraph.. (b) Commodity Futures Trading Commission whistleblower program Section 1(b) of Public Law 117–25 (135 Stat. 297; 136 Stat. 2133; 136 Stat. 2309; 136 Stat. 5984; 139 Stat. 46) is amended— (1) in paragraph (3), by striking until and all that follows through the period at the end and inserting until expended.; and (2) by striking paragraph (4). (c) Definitions Section 23(a) of the Commodity Exchange Act (7 U.S.C. 26(a)) is amended— (1) in paragraph (3)— (A) in subparagraph (A), by striking and at the end; (B) in subparagraph (B), by striking the period at the end and inserting; and; and (C) by adding at the end the following: (C) any distribution made in a United States bankruptcy proceeding to the Commission, an injured investor, or other defrauded person or entity as a result of information provided by 1 or more whistleblowers.; and (2) in paragraph (5)— (A) by striking means any judicial and inserting means any proceeding in a United States bankruptcy court brought by any party and any judicial; (B) by striking subsection (h)(2)(C) and inserting subsection (h)(2)(C)(i); and (C) by striking subsection (a) and inserting subsection (b).