STOP Corrupt Bets Act of 2026

This bill would change the Commodity Exchange Act to ban federally registered trading platforms from listing or clearing event contracts tied to political elections, sporting events, military actions by the United States or any foreign country, or actions by the federal executive, legislative, or judicial branches. Contracts about federal government actions would still be allowed if used to hedge or reduce commercial risk, as defined by the Commodity Futures Trading Commission. The bill states that it does not override state laws that regulate or ban gambling. It also directs the Government Accountability Office to study prediction markets, including insider trading and effects on people aged 18 to 20, and to publish a report with recommendations to Congress within 60 days.

Full text and official record on Congress.gov

Sponsors

• Jamie Raskin Democrat sponsor
• 5 cosponsors