HR 8148 Re-checks Congress.gov for new actions and updates the bill's status, and fills in any sponsors, committees, or related bills that are missing. It does not re-pull sponsors/cosponsors/committees/related — those rarely change — and it skips all work if nothing has changed upstream, so it's cheap to click.
To reaffirm the Commodity Futures Trading Commission's authority to enforce prohibited activity on prediction markets.
Summary
This bill reaffirms the Commodity Futures Trading Commission's (CFTC) authority to enforce provisions of the Commodity Exchange Act against illegal trading practices occurring on prediction market platforms. The bill defines prediction market contracts as financial instruments or derivatives tied to future events that are listed or offered on interstate commerce platforms. The bill extends existing CFTC enforcement authorities over illegal trading practices to apply to prediction market contracts.
AI-generated plain-language summary of the bill text — neutral, and may be imperfect. See the full text below for the exact wording.
Sponsor (1)
- Rep. Moulton, Seth [D-MA-6] (D-MA)
Actions (2)
- Mar 27, 2026 Referred to the House Committee on Agriculture. · house
- Mar 27, 2026 Introduced in House
Similar bills (6)
Bills with similar text or summary — includes reintroductions across Congresses. Ranked by semantic similarity of the bill text (computed locally); a neutral discovery aid, not a claim the bills are duplicates.
Full text
IN THE HOUSE OF REPRESENTATIVES
March 27, 2026
Mr. Moulton introduced the following bill; which was referred to the Committee on Agriculture
A BILL
To reaffirm the Commodity Futures Trading Commission’s authority to enforce prohibited activity on prediction markets.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the “Prediction Market Restrictions on Insider Speculation and Knowledge-Trading Act” or the “Prediction Market RISK Act”.
SEC. 2. DEFINITION.
The term “prediction market contract” means any financial instrument, contract, or derivative listed on or offered by a platform engaged in interstate commerce and tied to the occurrence or non- occurrence of a future event, including market-based event contracts.
SEC. 3. CFTC AUTHORITY TO ENFORCE PROHIBITED TRANSACTIONS OCCURRING IN RELATION TO A PREDICTION MARKET CONTRACT.
Section 4(c) and section 6(c) of the Commodity Exchange Act (7 U.S.C. 7a-2(c)) apply to illegal trading practices occurring with relation to a prediction market contract. <all>
Comments