US HB6655

Exempts charitable organizations (as defined under the Investment Company Act of 1940) from registering with the CFTC as commodity trading advisors or commodity pool operators when their activities are conducted on behalf of the charity or related investment trusts

Extends the exemption to trustees, directors, officers, employees, and volunteers of charitable organizations acting within their scope of duties

Exempts plans established for the benefit of charitable organizations (under section 3(c)(14) of the Investment Company Act) and persons who establish or maintain such plans from CFTC registration requirements

Preserves SEC oversight by maintaining all obligations under the Securities Act of 1933 and Securities Exchange Act of 1934 for securities issued by commodity pools

Requires exempted charitable organizations operating certain investment trusts to provide disclosure in accordance with section 7(e) of the Investment Company Act