Referred to the House Committee on Agriculture.
Summary
The bill bars anyone who works for, is paid by, or otherwise assists a federal candidate, committee, party or related campaign entity from buying, selling, or otherwise dealing in contracts that bet on political outcomes when they possess confidential campaign information. It also requires platforms that allow trading of such contracts to put in controls to detect and prevent insider trading, and gives the Commodity Futures Trading Commission authority to enforce civil penalties.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
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