Bills · S 4017
IN COMMITTEE· 119TH CONGRESS
Senate BillS 4017Finance and Financial Sector
End Prediction Market Corruption Act
INTRO MAR 5· LAST ACTION MAR 5
READING
5MIN
COSPONSORS
4
READER REACTIONS0 TOTAL
NO VOTES YET · BE THE FIRST
- Introduced only
LEGISLATIVE PROGRESS
STEP 2 / 8Introduced
In Committee
Reported
Passed Senate
Passed House
Conference
To President
Became Law
WHAT THE BILL DOES
AI-writtenVoters should care about this bill because it aims to address concerns about potential conflicts of interest and insider trading by top government officials. Currently, there are few explicit rules preventing officials from using private information gained through their position to profit from "event contracts" or prediction markets, which are essentially bets on future outcomes. This bill seeks to close that loophole.
If this bill becomes law, it could help restore public trust by ensuring that the President, Vice President, and members of Congress cannot financially benefit from events they might influence. It would also make government officials' financial dealings more transparent, particularly regarding speculative markets. If it doesn't become law, the current situation, where officials could potentially profit from nonpublic information in these markets without explicit prohibitions, would continue, raising ongoing questions about ethics and fairness.
KEY PROVISIONS
5AI-extractedPROVISION 01
Bans the President, Vice President, and Members of Congress from purchasing or selling any event contracts.
This directly targets potential conflicts of interest and insider trading for the highest-ranking government officials.
PROVISION 02
Restricts senior executive branch officials from trading event contracts related to matters they personally and substantially participate in as part of their government duties.
This extends the ethical safeguard to a broader range of high-level officials who might have access to sensitive information.
PROVISION 03
Requires annual and periodic public disclosure of event contract transactions by covered officials, their spouses, and dependent children.
This provision increases transparency and accountability by making officials' and their families' dealings in these markets public.
PROVISION 04
Establishes a civil penalty for violations of the trading ban, equal to the greater of $10,000 or the profit made from the illegal trade.
This creates a direct financial deterrent against illicit trading by government officials.
PROVISION 05
Directs a federal commission to create rules to restrict the use of nonpublic information in event contract trading.
This provision ensures that regulatory bodies will develop specific measures to prevent insider trading in these markets.
SPONSORSHIP
1 + 4
D· Oregon
YRS IN OFFICE
17
BILLS LED
128
COSPONSOR BREAKDOWNBIPARTISAN · 0%
DEM 4 REP 0 IND 0
ACTION TIMELINE
2 EVENTSMAR 5
Introduced in Senate
MAR 5
Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
BILL INFO
TypeSenate Bill
NumberS 4017
Congress119th
StatusIn Committee
IntroducedMar 5, 2026
Last actionMar 5, 2026
READER REACTIONS
OVERALL SENTIMENT
No reactions yet. Be the first to weigh in.
Discussion
Loading comments...
IN COMMITTEE· 119TH CONGRESS · AGRICULTURE, NUTRITION, AND FORESTRY COMMITTEE · INTRODUCED MAR 5, 2026
Senate BillS 4017Finance and Financial Sector
End Prediction Market Corruption Act
INTRODUCED MAR 5, 2026· LAST ACTION MAR 5, 2026
PASSAGE CHANCES
—%
READING
5 min
COSPONSORS
4
COMPLEXITY
Moderate
