,i #aaith ,,congress #b;d ,session ,h4 ,r4 #gjjd ,,in ,,the ,,house ,,of ,,representatives ,january #i1 #bjbf,mr4 ,torres of ,new ,york 7for himself1 ,ms4 ,titus1 ,mr4 ,latimer1 ,ms4 ,norton1 ,mr4 ,sherman1 ,mr4 ,thanedar1 ,mr4 ,moulton1 ,ms4 ,mc,bride1 ,ms4 ,adams1 ,ms4 ,bynum1 ,mr4 ,stanton1 ,ms4 ,pettersen1 ,ms4 ,sewell1 ,mr4 ,foster1 ,mr4 ,subramanyam1 ,ms4 ,pelosi1 ,mr4 ,casten1 ,mr4 ,goldman of ,new ,york1 ,mr4 ,bell1 ,mr4 ,carson1 ,mr4 ,horsford1 ,mr4 ,levin1 ,mr4 ,mc,garvey1 ,mr4 ,deluzio1 ,ms4 ,mc,donald ,rivet1 ,mr4 ,vargas1 ,mr4 ,soto1 ,mr4 ,hernndez1 ,ms4 ,tlaib1 ,mr4 ,riley of ,new ,york1 ,mr4 ,vindman1 ,ms4 ,meng1 and ,ms4 ,mc,collum7 introduced the following bill2 which was referred to the ,committee on ,oversight and ,government ,reform1 and in addition to the ,committee on ,house ,administration1 for a period to be subsequently determined by the ,speaker1 in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned ,a ,,bill ,to prohibit a covered individual from engaging in covered transactions involving prediction market contracts1 and for other purposes4 #a4 ,short title ,this ,act may be cited as the ,public ,integrity in ,financial ,prediction ,markets ,act of #bjbf4 #b4 ,prohibition on covered transactions involving prediction market contracts 7a7 ,in general ,it shall be unlawful for a covered individual to knowingly engage in a covered transaction if the covered individual-- 7#a7 at the time of the covered transaction1 possesses material nonpublic information relevant to such covered transaction2 or 7#b7 may reasonably obtain such material nonpublic information in the course of performing official duties1 including when such information would not otherwise be available to a member of the public exercising reasonable diligence4 7b7 ,definitions ,in this section3 7#a7 ,covered individual ,the term covered individual means-- 7,a7 an elected official of the ,federal ,government2 7,b7 an employee of the ,house of ,representatives or the ,senate2 7,c7 a political appointee2 or 7,d7 an employee of an ,executive agency1 as defined in section #aje of title #e1 ,united ,states ,code4 7#b7 ,material nonpublic information ,the term material nonpublic information means information-- 7,a7 that a reasonable investor would consider important in making an investment decision2 and 7,b7 that is not publicly available4 7#c7 ,prediction market contract ,the term prediction market contract means any financial instrument1 contract1 or derivative-- 7,a7 listed on or offered by a platform engaged in interstate commerce2 and 7,b7 tied to the occurrence or non-occurrence of a future event1 including market-based event contracts4 7#d7 ,covered transaction ,the term covered transaction means the purchase1 sale1 or exchange of any prediction market contract related to a-- 7,a7 government policy2 7,b7 government action2 or 7,c7 political outcome4