What does Preamble of Event Contract Enforcement Act do?

This bill amends the Commodity Exchange Act to prohibit event contracts based on specified activities. The prohibited activities include terrorism, assassination, war, gaming, illegal activity, election outcomes, and government activities. The Commodity Futures Trading Commission can determine other activities contrary to the public interest and include them in the prohibition. States are allowed to exempt themselves from the prohibition on gaming contracts.

What does SHORT TITLE. of Event Contract Enforcement Act do?

This bill is formally titled the Event Contract Enforcement Act

What does PROHIBITION ON EVENT CONTRACTS CONTRARY TO THE PUBLIC INTEREST. of Event Contract Enforcement Act do?

This section amends Section 5c(c)(5)(C) of the Commodity Exchange Act. It prohibits listing or trading event contracts based on occurrences related to unlawful activity, terrorism, assassination, war, gaming, election results, or governmental conduct. The definition of 'gaming' is clarified to include live, simulated, or virtual physical or mental challenges or games of chance. An exemption is provided for conduct in a State if the State's law expressly exempts it from the application of the gaming prohibition. The amendments will take effect 180 days after the enactment of this Act.

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Event Contract Enforcement Act

Last updated: 3/18/2026 · Introduced: 3/5/2026

Author: Blake Moore (R-UT)

TL;DR (AI)

The bill prohibits event contracts based on activities such as terrorism, assassination, war, gaming, illegal activity, election outcomes, and government activities.
The Commodity Futures Trading Commission is authorized to determine other activities contrary to the public interest and include them in the prohibition.
States are allowed to exempt themselves from the prohibition on gaming contracts by enacting a law that expressly exempts such conduct from the gaming prohibition.

119th Congressin committeeOfficial page

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Other Sections

Includes provisions on preamble, short title., and 1 more.

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