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Linked legislation: S. 4469
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Based on official legislative actions published by Congress.
Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
This timeline shows the bill's position in the federal legislative process based on official congressional actions.
Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
Praveta uses official congressional material as its source of truth. You can review the underlying record directly.
Would let the CFTC review and block some prediction-style event contracts and add consumer safeguards for retail traders.
Would let the Commission block event contracts contrary to public interest
Would require AML, KYC, and segregation rules for event contracts
Would restrict certain promotional materials and require readable disclosures
Would create an Advisory Council and an Office of the Retail Advocate
The proposal would expand regulatory review of prediction-style event contracts and add multiple consumer-protection, disclosure, and oversight measures aimed at managing retail risks and market integrity.
Designated contract markets, swap execution facilities, derivatives clearing organizations, futures commission merchants, and retail customers would be affected.
Introduced in the Senate on April 30, 2026, and referred to the Committee on Agriculture, Nutrition, and Forestry; no further action in the source.
Praveta summarizes official congressional material and keeps the underlying source available for review.