What does Preamble of STOP Corrupt Bets Act of 2026 do?

This bill aims to amend the Commodity Exchange Act The amendment targets the prohibition of certain event contracts on prediction markets

What does SHORT TITLE. of STOP Corrupt Bets Act of 2026 do?

This bill is formally titled the Stop Trading On Predictions and Corrupt Bets Act of 2026

What does PROHIBITION ON CERTAIN EVENT CONTRACTS. of STOP Corrupt Bets Act of 2026 do?

This section amends Section 5c(c)(5) of the Commodity Exchange Act. It prohibits listing, clearing, or trading event contracts on or through registered entities. The prohibited matters include political elections, actions by U.S. government branches, sporting events, and military actions. An exception to the prohibition exists for agreements used for hedging or mitigating commercial risk, as determined by the Commission.

What does SENSE OF CONGRESS. of STOP Corrupt Bets Act of 2026 do?

This section expresses the sense of Congress regarding the Commodity Exchange Act Congress intends to prohibit certain conduct through the Commodity Exchange Act The Commodity Futures Trading Commission should prohibit non-hedging transactions

What does GAO STUDY. of STOP Corrupt Bets Act of 2026 do?

This section mandates a study by the Comptroller General of the United States regarding prediction markets. The study must be completed within 60 days of the Act's enactment. The study will examine prediction markets, including insider trading and impacts on individuals aged 18-20. It will also analyze prediction markets not prohibited by the Commodity Exchange Act to prevent gambling. The study will explore methods for Congress to address illegal activities in both foreign and domestic prediction markets. The Comptroller General must submit a report with recommendations to Congress to preserve the integrity of prediction markets.

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STOP Corrupt Bets Act of 2026

Last updated: 3/26/2026 · Introduced: 3/26/2026

Author: Jeff Merkley (D-OR)

TL;DR (AI)

The bill prohibits the listing, clearing, or trading of event contracts on certain matters, including political elections, government actions, sporting events, and military actions, with an exception for hedging or mitigating commercial risk.
The Commodity Futures Trading Commission is expected to prohibit non-hedging transactions related to prediction markets.
A study by the Comptroller General of the United States is mandated to examine prediction markets, including insider trading, and to explore methods for Congress to address illegal activities in both foreign and domestic prediction markets.

119th Congressin committeeHR. 8123(In Committee)Official page

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Other Sections

Includes provisions on preamble, short title., and 3 more.

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