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House Democrat wants to ban candidates from trading on their own race

A new bill bans federal candidates from trading prediction market contracts related to their own elections and would result in a fine if violated.

Sources (1)· Oct 5, 8:31 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 […]