,i #aafth ,,congress #ast ,session ,h4 ,r4 #dggb ,,in ,,the ,,house ,,of ,,representatives ,october #ba1 #bjai,mr4 ,rodney ,davis of ,illinois introduced the following bill2 which was referred to the ,committee on ,agriculture ,a ,,bill ,to provide for the protection of proprietary information provided to the ,commodity ,futures ,trading ,commission1 and for other purposes4 #a4 ,short title ,this ,act may be cited as the ,,cftc ,cybersecurity and ,data ,protection ,enhancement ,act4 #b4 ,protection of proprietary information by the ,commodity ,futures ,trading ,commission ,section #h7;a7 of the ,commodity ,exchange ,act 7#g ,u4,s4,c4 #ab7;a77 is amended-- 7#a7 in the first proviso of paragraph 7#a71 by striking customers3 and inserting customers1 or disclose the proprietary information of any person32 and 7#b7 by adding at the end the following3 7#d7 ,treatment of proprietary information 7,a7 ,written request2 agreement ,except as provided in subparagraph 7,b71 the ,commission shall not examine1 receive1 obtain1 or otherwise access the proprietary information of any person subject to this ,act1 unless-- 7i7 the ,commission has transmitted to the person a written request for the information1 which details-- 7,i7 the records sought by the ,commission2 7,,ii7 a reasonable schedule to fulfill the request2 7,,iii7 the method proposed for the ,commission to be provided with access to the records2 7,,iv7 any reasonable requirements for data structures or file formats of the records2 and 7,v7 an explanation of the purpose of the request2 and 7ii7 the person has agreed to the request4 7,b7 ,exceptions ,subparagraph 7,a7 shall not apply with respect to proprietary information of a person if-- 7i7 the person has been served with a subpoena compelling the person to provide the ,commission with access to the information2 7ii7 the information is otherwise required by or under this ,act to be disclosed to the ,commission2 7iii7 the information was received from a whistleblower pursuant to section #bc2 7iv7 the information was lawfully obtained from a foreign or domestic authority in connection with a confidential investigation by the ,commission2 or 7v7 the person has agreed to provide the ,commission with access to the information4 7,c7 ,obligations of the recipient 7i7 ,acknowledgement of receipt of request ,within #c business days after a person receives a request made in accordance with subparagraph 7,a7 or a subsequent communication from the ,commission in relation to the request1 the person shall acknowledge to the ,commission that the recipient has received the request or communication4 7ii7 ,response to request ,within #aj business days after a person receives such a request or communication1 the person shall respond to the request or communication in accordance with subparagraph 7,d74 7iii7 ,retention of requested records ,a person who receives such a request shall retain all records identified in the request until the request or any subpoena for the records has been resolved4 7,d7 ,response options of the recipient ,a person who receives such a request shall-- 7i7 agree to1 and comply with1 the request2 7ii7 request the ,commission to provide additional information regarding the request2 7iii7 request the ,commission modify any aspect of the request2 7iv7 seek a review of any aspect of the request by the ,commission or a division director to whom the authority to conduct such a review has been delegated2 or 7v7 refuse the request4 7#e7 ,establishment of rules for safeguarding information provided to the ,commission 7,a7 ,in general ,the ,commission shall prescribe rules regarding-- 7i7 the retention of information provided to the ,commission under this ,act1 including-- 7,i7 the manner of retention2 7,,ii7 the duration of retention1 which shall ensure that information is retained for only so long as is necessary to carry out this ,act or other ,federal law2 and 7,,iii7 the process for the return or destruction of the information1 as appropriate2 and 7ii7 access to information provided to the ,commission under this ,act1 including-- 7,i7 limitations on access to relevant1 essential individuals2 and 7,,ii7 additional limitations on disclosure by the individuals1 including after leaving a position at the ,commission4 7,b7 ,incorporation of best practices ,the rules shall incorporate best practices regarding-- 7i7 data collection2 7ii7 data access2 7iii7 data retention2 7iv7 physical security2 and 7v7 information security and data protection1 including cybersecurity4 7#f7 ,proprietary information defined ,in this subsection1 the term proprietary information means sensitive1 non-public information of a person1 including-- 7,a7 trading strategies2 7,b7 analytical or research methodologies2 7,c7 trading activity in asset classes and not subject to this ,act2 7,d7 physical and cyber vulnerabilities2 and 7,e7 computer hardware or software containing intellectual property4 4