,i  #aai? ,,congress  #b;d ,session  ,h4
 ,r4 #ajgcb  ,,9 ,,! ,,h\se ,,(         
,,repres5tatives  ,octob] #e1 #bjbf,mr4 
,davis ( ,nor? ,c>ol9a introduc$ !      
foll[+ bill2 :i* 0 ref]r$ to !          
,committee on ,h\se ,adm9i/ration  ,a   
,,bill  ,to am5d title #eb1 ,unit$      
,/ates ,code1 to prohibit c&idates =    
,f$]al (fice f trad+ 9 contracts on !   
outcome ( _! own elections1 & = o!r     
purposes4  #a4 ,%ort title ,?is ,act may
 be cit$ z ! ,no ,bett+ on ,y\r ,own    
,race ,act4  #b4 ,trad+ by c&idates 9   
contracts on _! own elections  7a7 ,9   
g5]al ,sub*apt] ,i ( *apt] #cja ( title 
#eb1 ,unit$ ,/ates ,code1 is am5d$ by   
add+ at ! end ! foll[+3  #cjadg4 ,trad+ 
by c&idates 9 contracts on _! own       
elections  7a7 ,def9itions ,9 ?is       
section3 7#a7 ,c&idate ,! t]m c&idate   
has ! mean+ giv5 ! t]m 9 section #cja ( 
! ,f$]al ,election ,campaign ,act (     
#aiga 7#eb ,u4,s4,c4 #cjaja74  7#b7     
,cov]$ plat=m ,! t]m cov]$ plat=m means 
any regi/]$ entity1 designat$ contract  

m>ket1 swap execution facility1 brok]1  
int]m$i>y1 or o!r plat=m t facilitates  
trad+ 9 political ev5t contracts4  7#c7 
,political ev5t contract ,! t]m         
political ev5t contract means any       
agreem5t1 transaction1 swap1 option1    
contract1 d]ivative1 or o!r ev5t        
contract t all[s a p]son to pur*ase1    
sell1 trade1 or o!rwise obta9 direct    
f9ancial exposure bas$ on ! outcome (-- 
7,a7 a ,f$]al election2  7,b7 a prim>y  
election2  7,c7 a caucus2  7,d7 !       
nom9ation ( a c&idate2  7,e7 control (  
,congress2  7,f7 any o!r political or   
gov]nm5tal ev5t by rule by ! ,commodity 
,futures ,trad+ ,commission4  7#d7      
,cov]$ election contract ,! t]m cov]$   
election contract means1 ) respect to a 
c&idate1 a political ev5t contract !    
pay\t or resolution ( :i* dep5ds on--   
7,a7 ! outcome ( an election1 prim>y    
election1 caucus1 conv5tion1 or         
nom9ation conte/ 9 :i* ! c&idate is     
seek+ nom9ation = election1 or election1
 to ,f$]al (fice2  7,b7 :e!r ! c&idate  

is1 becomes1 or rema9s a c&idate 9 su* a
 conte/2 or  7,c7 ! vote %>e1 m>g91 or  
placem5t ( ! c&idate 9 su* a conte/4    
7#e7  ,cov]$ p]son  ,! t]m cov]$ p]son  
means1 ) respect to a c&idate1 !        
c&idate1 a sp\se or dep5d5t *ild ( !    
c&idate1 or an au?oriz$ committee ( !   
c&idate z def9$ 9 #eb ,u4,s4,c4         
#cjaja7f74  7b7  ,(f5se  ,:oev]1 be+ a  
cov]$ p]son pur*ases1 sells1 acquires1  
disposes (1 or holds any int]e/1        
directly or indirectly1 9 a cov]$       
election contract ) respect to ! c&idate
 %all be civilly f9$ "u #eb ,u4,s4,c4   
#cjaji #aj1jjj p] violation2 or an am\nt
 equal to #c times ! net f9ancial ga9   
attributable to ! violation1 :i*ev] is  
great]4  7c7 ,indirect int]e/s ,=       
purposes ( subsection 7b71 a p]son acts 
indirectly if ! p]son-- 7#a7 causes1    
directs1 reque/s1 or induces ano!r p]son
 to acquire1 hold1 or dispose ( !       
int]e/2  7#b7 holds a b5eficial int]e/ 9
 ! int]e/1 h[ev] titl$2 or  7#c7        
provides funds us$ by ano!r p]son to    

acquire ! int]e/1 ) k ( ! int5d$ use4   
7e7 ,dive/m5t ,x %all n be a violation (
 subsection 7b7 = a p]son to hold an    
int]e/ 9 a contract t becomes a cov]$   
election contract ) respect to t p]son1 
or to dispose ( su* an int]e/1 dur+ !   
m9imum p]iod requir$ by cov]$ plat=ms to
 dive/ su* contract1 beg9n+ on ! date on
 :i* ! p]son becomes a c&idate4  7f7    
,protection = cov]$ plat=ms  7#a7 ,no   
liability "u ?is section ,no p5alty "u  
?is section %all apply to a cov]$       
plat=m1 or to any (fic]1 director1      
employee1 or ag5t ( a cov]$ plat=m act+ 
)9 ! scope ( t p]son's duties4  7#b7    
,good fai? compliance actions ,a cov]$  
plat=m1 & any (fic]1 director1 employee1
 or ag5t !re(1 %all n be liable to any  
p]son "u any ,f$]al or ,/ate law1 or "u 
any contract1 = any action tak5 9 good  
fai? to prev5t or rem$y a violation (   
subsection 7b71 includ+ re/rict+1       
susp5d+1 or clos+ an acc\nt1 or         
cancell+1 void+1 or unw9d+ a position or
 transaction4  7#c7 ,good fai? report+  

,a cov]$ plat=m1 & any (fic]1 director1 
employee1 or ag5t !re(1 %all n be liable
 to any p]son "u any ,f$]al or ,/ate law
 = report+ 9 good fai? a suspect$       
violation ( ?is section to ! ,commodity 
,futures ,trad+ ,commission1 ! ,attorney
 ,g5]al1 or ! ,f$]al ,election          
,commission1 & %all n be requir$ to     
notify any p]son t su* a report has be5 
made4  4  #c4 ,publication ( c&idate    
in=mation & c&idate notification  7a7 ,9
 g5]al ,! ,f$]al ,election ,commission  
%all e/abli% & ma9ta9 a publicly        
available1 ma*9e-readable li/ ( ea*     
individual :o is a c&idate 7z def9$ 9   
section #cja ( ! ,f$]al ,election       
,campaign ,act ( #aiga 7#eb ,u4,s4,c4   
#cjaja771 :i* %all include1 = ea* su*   
individual-- 7#a7 ! "n ( ! individual & 
any id5tifi] assign$ to ! individual by 
! ,commission2  7#b7 ! (fice s\ght2 &   
7#c7 ! date on :i* ! individual became a
 c&idate &1 if applicable1 ! date on :i*
 ! individual ceas$ to be a c&idate4    
7b7 ,availability ,! ,commission %all   

make ! li/ describ$ 9 subsection 7a7    
available at no *>ge & %all update ! li/
 n less frequ5tly ?an weekly4  7c7      
,c&idate notification ,! ,f$]al         
,election ,commission1 9 coord9ation )  
,/ate & t]ritory bo>ds ( elections1 %all
 ensure t ea* individual :o is a c&idate
 7z def9$ 9 section #cja ( ! ,f$]al     
,election ,campaign ,act ( #aiga 7#eb   
,u4,s4,c4 #cjaja77 is notifi$1 :5 a     
c&idate files = ,f$]al (fice1 ( !       
prohibitions & requirem5ts "u ?is ,act4 
#d4 ,effective date ,?is ,act1 & !      
am5dm5ts made by ?is ,act1 %all apply ) 
respect to conduct occurr+ on or aft] ! 
date ( enactm5t ( ?is ,act4