Bill > HR9633

This bill codifies the Strategic Hub for Innovation and Financial Technology (FinHub) of the Securities and Exchange Commission (SEC) and LabCFTC of the Commodity Futures Trading Commission (CFTC). FinHub and LabCFTC are established to assist the respective agencies in addressing technological advancements, examining financial technology innovations, and coordinating responses to emerging technologies. The bill outlines the purposes, responsibilities, and reporting requirements for these offices, as well as establishes systems of records to assist them in communicating with interested parties. The bill aims to promote responsible technological innovation and fair competition within the financial sector.