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Don Davis Bill Would Fine Candidates $10K for Trading on Their Own Elections

The No Betting on Your Own Race Act also gives prediction markets cover to close accounts and report candidates to regulators.

Sources (1)· Oct 6, 12:11 PM

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Bill Aims to Stop U.S. Lawmakers From Betting on Their Own Elections Ahead of MidtermsRep. Don Davis (D-NC) has introduced legislation that would bar federal candidates and their close family members from trading prediction market contracts tied to their own elections, according to a Cointelegraph report published Tuesday, Oct. 6. The measure, titled the No Betting on Your Own Race Act, arrives with less than a month remaining before […]
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