H.R. 8148
IntroducedPrediction Market RISK Act
Plain-language analysis
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Full text of the bill
Official source on Congress.gov ↗[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 8148 Introduced in House (IH)]
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119th CONGRESS 2d Session H. R. 8148
To reaffirm the Commodity Futures Trading Commission's authority to enforce prohibited activity on prediction markets.
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IN THE HOUSE OF REPRESENTATIVES
March 27, 2026
Mr. Moulton introduced the following bill; which was referred to the Committee on Agriculture
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A BILL
To reaffirm the Commodity Futures Trading Commission's authority to enforce prohibited activity on prediction markets.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the ``Prediction Market Restrictions on Insider Speculation and Knowledge-Trading Act'' or the ``Prediction Market RISK Act''.
SEC. 2. DEFINITION.
The term ``prediction market contract'' means any financial instrument, contract, or derivative listed on or offered by a platform engaged in interstate commerce and tied to the occurrence or non- occurrence of a future event, including market-based event contracts.
SEC. 3. CFTC AUTHORITY TO ENFORCE PROHIBITED TRANSACTIONS OCCURRING IN RELATION TO A PREDICTION MARKET CONTRACT.
Section 4(c) and section 6(c) of the Commodity Exchange Act (7 U.S.C. 7a-2(c)) apply to illegal trading practices occurring with relation to a prediction market contract. <all>