Campaign Event Contract Integrity Act

This bill would bar people who work for, are paid by, or provide services to federal candidates, campaigns, political committees, or party committees from trading political event contracts while they know confidential campaign information, such as internal polling or plans to drop out. It would also bar them from passing such information to others who might trade on it, and bar others from trading for them to get around the rule. Platforms that offer political event contracts would have to set up controls to detect and report suspicious trading, and require traders above set amounts to disclose campaign ties. The Commodity Futures Trading Commission would write rules within 180 days and could seek civil penalties of up to $250,000 or three times the profit gained, plus trading bans.

Full text and official record on Congress.gov

Sponsors

• Ritchie Torres Democrat sponsor
• 1 cosponsors