In CommitteeFiled Mar 10, 2026
Sponsor: Joe Addabbo (D)
Latest Action
REPORTED AND COMMITTED TO FINANCE
May 20, 2026
Summary
The bill adds Article 48 to the New York General Business Law, establishing rules for any platform that lets New York residents trade on future events. It sets a 21‑year age limit, excludes certain participants, bans markets on politics, catastrophes, deaths, securities and athletics, and requires consumer‑protective safeguards. The goal is to protect residents from risky or exploitative speculative trading.
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