Prediction Market Act of 2026
Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.
Summary
What This Bill Does
This bill, Prediction Market Act of 2026, changes federal law or congressional policy affecting federal agencies and legislative administrators. The main policy domain is Government Operations, Finance, Technology.
Who Benefits and How
federal agencies and legislative administrators may benefit from new authority, funding, eligibility, regulatory clarity, or reduced risk created by the bill.
Who Bears the Burden and How
federal implementing agencies may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.
Key Provisions
- Section S1: 1. Short title This Act may be cited as the Prediction Market Act of 2026.
- Section id616bb15daa2c4a8a80d54b10565286ba: 2. Special rules relating to event contracts Section 5c of the Commodity Exchange Act (7 U.S.C. 7a–2) is amended— in subsection (c)(5)(C)— in the subparagraph...
- Section idd0972ba5fac640ddb9ea0dbdab5de6eb: 3. Insider trading and manipulation Section 4c(a)(3) of the Commodity Exchange Act (7 U.S.C. 6c(a)(3)) is amended— by striking under section 2 of the STOCK...
- Section idd3882f4605744634a84e1d73fcfb08d5: 4. Innovation Advisory Committee Section 2(a) of the Commodity Exchange Act (7 U.S.C. 2(a)) is amended by adding at the end the following: (16)Innovation...
- Section id71d623508064475eaf00143562c3f448: 5. Studies In this section: The term Commission means the Commodity Futures Trading Commission. The term event contract has the meaning given the term in...
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.
At a Glance
What This Bill Does
This bill, Prediction Market Act of 2026, changes federal law or congressional policy affecting federal agencies and legislative administrators.
Key Policy Areas
Government Operations, Finance, Technology
Primary Purpose
This bill, Prediction Market Act of 2026, changes federal law or congressional policy affecting federal agencies and legislative administrators.
Policy Domains
Whole bill
Identified Gains
- federal agencies and legislative administrators
Identified Costs
- federal implementing agencies
Sponsors
Legislative Progress
In CommitteeRead twice and referred to the Committee on Agriculture, Nutrition, …
Introduced in Senate
Mr. McCormick (for himself and Mrs. Gillibrand) introduced the following …
Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
- "the_commission"
- → The commission identified in the operative section
Key Definitions
Terms defined in this bill
the Chairman of the Commission. The term Office means the Office of the Retail Advocate established by subparagraph (B). The term retail participant means a person that— is not an eligible contract participant
We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.
Learn more about our methodology