Referred to the House Committee on Armed Services.
Summary
The Honesty and Trust in Service Act requires the Secretary of Defense to issue rules that stop military members and civilian DoD employees from trading on prediction markets if they possess, or are likely to obtain, material nonpublic information. The rule must be in place within 180 days of enactment and will outline punishments for violations. The goal is to protect the integrity of defense information and prevent insider‑trading behavior.
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