CFTC Withdraws Climate-Related Financial Risk Information Request
Summary
The Commodity Futures Trading Commission (CFTC) has withdrawn its June 8, 2022, Request for Information (RFI) on climate-related financial risk. This withdrawal is effective March 16, 2026, and is attributed to the revocation of Executive Order 14030 and the existence of existing regulatory frameworks.
What changed
The Commodity Futures Trading Commission (CFTC) has formally withdrawn its Request for Information (RFI) concerning climate-related financial risk, originally published on June 8, 2022. The RFI sought public input on how climate-related financial risks pertain to derivatives and commodity markets, stemming from Executive Order 14030. The withdrawal is effective March 16, 2026, following the revocation of Executive Order 14030 by a subsequent executive order and the CFTC's assertion that existing regulations adequately address financial risks.
This action means that regulated entities are no longer required to respond to the RFI. The CFTC has indicated that this withdrawal is not a significant regulatory action and does not constitute a "major rule" under the Congressional Review Act. No specific compliance actions are required from regulated entities as a result of this withdrawal, as the original request for information is now nullified.
Source document (simplified)
Content
ACTION:
Notice; withdrawal.
SUMMARY:
The Commodity Futures Trading Commission (“Commission” or “CFTC”) is formally withdrawing a request for information published
on June 8, 2022, titled “Request for Information on Climate-Related Financial Risk.”
DATES:
The Commission is withdrawing the request for information published at 87 FR 34856 (June 8, 2022) as of March 16, 2026.
FOR FURTHER INFORMATION CONTACT:
Mark Fajfar, Senior Assistant General Counsel, 202-418-6636, mfajfar@cftc.gov, Office of the General Counsel, Commodity Futures Trading Commission, Three Lafayette Centre, 1151 21st Street NW, Washington,
DC 20581.
SUPPLEMENTARY INFORMATION:
Background
On June 8, 2022, the Commission published a request for information (“RFI”) in the
Federal Register
seeking public responses regarding climate-related financial risk as pertinent to the derivatives markets and underlying commodities
markets. (1) The RFI was based on Executive Order 14030 on Climate-Related Financial Risk (E.O. 14030). (2)
Withdrawal of Request for Information
On January 20, 2025, President Trump signed Executive Order 14154 on Unleashing American Energy which, among other things,
revoked E.O. 14030. (3) Further, Commission regulations provide a uniform regulatory framework that addresses financial risks. (4) In view of this revocation and
these existing regulations, the Commission is withdrawing the RFI.
Executive Order 12866
The Office of Management and Budget has determined that this action is not a significant regulatory action as defined in Executive
Order 12866, as amended, and therefore it was not subject to Executive Order 12866 review.
Pursuant to the Congressional Review Act, (5) the Office of Information and Regulatory Affairs has designated this rule as not a “major rule,” as defined by 5 U.S.C. 804(2).
Issued in Washington, DC, on March 16, 2026, by the Commission. Christopher Kirkpatrick, Secretary of the Commission.
Note:
The following appendix will not appear in the Code of Federal Regulations.
Climate-Related Financial Risk; Withdrawal of Request for Information—Commission Voting Summary
On this matter, Chairman Selig voted in the affirmative. No Commissioner voted in the negative.
[FR Doc. 2026-05314 Filed 3-17-26; 8:45 am] BILLING CODE 6351-01-P
Footnotes
(1) 87 FR 34856 (June 8, 2022).
(2) E.O. 14030, 87 FR 27967 (May 20, 2021).
(3) E.O. 14154, 90 FR 8353, 8354 (Jan 29, 2025).
(4) See, e.g., Subpart D (Contracts Not Readily Subject to Manipulation), Subpart E (Prevention of Market Disruption), and Subpart L (Financial
Integrity of Transactions) in part 38 of the Commission regulations, 17 CFR part 38 (Designated Contract Markets).
(5) 5 U.S.C. 801 et seq.
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