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 […]Natural News12d agoWhole story →GovernmentEconomyHR 10732midterm elections legislation
Democratic Lawmakers Introduces Insider Trading Bill on US ElectionsThe proposed legislation would impose a $10,000 civil penalty for each violation or three times any potential financial windfall for US lawmakers trying to “cash in” on elections.Cointelegraph13d agoWhole story →GovernmentEconomyHR 10732insider trading bill introduction
Don Davis Bill Would Fine Candidates $10K for Trading on Their Own ElectionsThe No Betting on Your Own Race Act also gives prediction markets cover to close accounts and report candidates to regulators.Decrypt13d agoWhole story →GovernmentEconomyHR 10732election reform bill introduced
House Democrat wants to ban candidates from trading on their own raceA new bill bans federal candidates from trading prediction market contracts related to their own elections and would result in a fine if violated.CNBC14d agoWhole story →GovernmentEconomyHR 10732election reform bill introduced
