H.R. 8148 — Introduced in House

I 119th CONGRESS 2d Session H. R. 8148 IN THE HOUSE OF REPRESENTATIVES March 27, 2026Mr. Moulton introduced the following bill; which was referred to the Committee on Agriculture A BILL To reaffirm the Commodity Futures Trading Commission’s authority to enforce prohibited activity on prediction markets. 1. Short title This Act may be cited as the Prediction Market Restrictions on Insider Speculation and Knowledge-Trading Act or the Prediction Market RISK Act. 2. Definition The term prediction market contract means any financial instrument, contract, or derivative listed on or offered by a platform engaged in interstate commerce and tied to the occurrence or non-occurrence of a future event, including market-based event contracts. 3. CFTC authority to enforce prohibited transactions occurring in relation to a prediction market contract Section 4(c) and section 6(c) of the Commodity Exchange Act (7 U.S.C. 7a–2(c)) apply to illegal trading practices occurring with relation to a prediction market contract.