Bill · H.R. 8148· House(119-HR-8148)
Prediction Market RISK Act
- Introduced
- 3/27/2026
- Last activity
- 3/27/2026 — Referred to the House Committee on Agriculture.
- Sponsored by
- Seth Moulton
- Cosponsors
- None
- Introduced
- In Committee
What this bill would do
This bill is called the "Prediction Market RISK Act." It aims to reaffirm the authority of the Commodity Futures Trading Commission (CFTC) to enforce rules against prohibited activities on prediction markets. It defines prediction market contracts as financial instruments or derivatives tied to future events. The bill ensures that specific sections of the Commodity Exchange Act apply to illegal trading practices involving these contracts.
Yes
Does this give the federal government more power?+3
Reaffirms and clarifies the federal authority of the CFTC over prediction markets.
Does this give people more protection from unfair business practices?+2
Increases CFTC authority to prevent illegal trading and insider speculation in prediction markets.
Does this put more rules on large technology companies?+1
Increases regulatory oversight for platforms offering prediction market contracts.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
- Enforcement against illegal trading: By applying Section 4(c) and section 6(c) of the Commodity Exchange Act to prediction market contracts, the bill allows the CFTC to target illegal trading practices (Section 3).
Potential Negative Impacts for People
- No negative impacts for individuals or groups are explicitly mentioned in the provided text.
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- Governance And Ideology
- Increases Federal Power+3
- Economy And Finance
- Improves Consumer Protection+2
- Education And Technology
- Increases Big Tech Regulation+1
- 3/27/2026
- Referred to the House Committee on Agriculture.
- Introduced in House