H.R. 8148

[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.

_______________________________________________________________________

IN THE HOUSE OF REPRESENTATIVES

March 27, 2026

Mr. Moulton introduced the following bill; which was referred to the 
Committee on Agriculture

_______________________________________________________________________

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.
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