,,ii  #aai? ,,congress  #b;d ,session   
,s4 #dahh  ,,9 ,,! ,,s5ate ,,( ,,!      
,,unit$ ,,/ates  ,m>* #be1 #bjbf,ms4    
,slotk9 7= h]self1 ,mr4 ,"y1 ,mr4       
,s*iff1 & ,mr4 ,curtis7 introduc$ !     
foll[+ bill2 :i* 0 read twice & ref]r$  
to ! ,committee on ,homel& ,security &  
,gov]nm5tal ,affairs  ,a ,,bill  ,to    
prohibit a cov]$ individual f engag+ 9  
cov]$ transactions involv+ pr$iction    
m>ket contracts1 & = o!r purposes4  #a4 
,%ort title ,?is ,act may be cit$ z !   
,public ,integrity 9 ,f9ancial          
,pr$iction ,m>kets ,act ( #bjbf4  #b4   
,prohibition on cov]$ transactions      
involv+ pr$iction m>ket contracts  7a7  
,9 g5]al ,*apt] #aca ( title #e1 ,unit$ 
,/ates ,code1 is am5d$ by add+ at ! end 
! foll[+3  ,,iv ,prohibit$ cov]$        
transactions involv+ pr$iction m>ket    
contracts  #acaea4 ,def9itions ,9 ?is   
sub*apt]3 7#a7 ,cov]$ individual ,! t]m 
cov]$ individual means-- 7,a7 !         
,presid5t2  7,b7 ! ,vice ,presid5t2     
7,c7 a ,memb] ( ,congress2  7,d7 a ,h\se

 ( ,repres5tatives or ,s5ate employee2  
7,e7 a political appo9tee2 or  7,f7 an  
employee ( an ,executive ag5cy or       
indep5d5t regulatory ag5cy4  7#b7 ,cov]$
 transaction ,! t]m cov]$ transaction   
means ! pur*ase1 sale1 or ex*ange ( any 
pr$iction m>ket contract4  7#c7         
,executive ag5cy ,! t]m ,executive ag5cy
 has ! mean+ giv5 ! t]m 9 section #aje (
 title #e4  7#d7 ,h\se ( ,repres5tatives
 or ,s5ate employee ,! t]m ,h\se (      
,repres5tatives or ,s5ate employee--    
7,a7 means an employee ( ! ,f$]al       
,gov]nm5t ^: pay is disburs$ by !       
,secret>y ( ! ,s5ate or ! ,*ief         
,adm9i/rative ,(fic] ( ! ,h\se (        
,repres5tatives2 &  7,b7 does n include 
an employee describ$ 9 subp>agraph 7,a7 
:o is s]v+ "u a tempor>y or t]m         
appo9tm5t4  7#e7 ,indep5d5t regulatory  
ag5cy ,! t]m indep5d5t regulatory ag5cy 
has ! mean+ giv5 ! t]m 9 section #cejb (
 title #dd4  7#f7 ,mat]ial nonpublic    
in=mation ,! t]m mat]ial nonpublic      
in=mation means in=mation-- 7,a7 t a    

reasonable inve/or w\ld consid]         
important 9 mak+ a decision relat+ to a 
pr$iction m>ket contract2 &  7,b7 t is n
 publicly available4  7#g7 ,memb] (     
,congress2 sup]vis+ e?ics (fice ,! t]ms 
,memb] ( ,congress & sup]vis+ e?ics     
(fice h ! mean+s giv5 ^? t]ms 9 section 
#acaja4  7#h7 ,political appo9tee ,! t]m
 political appo9tee has ! mean+ giv5 !  
t]m 9 section #ajf7;f77#e7 ( title #di4 
7#i7 ,pr$iction m>ket contract ,! t]m   
pr$iction m>ket contract means any      
f9ancial in/rum5t1 contract1 or         
d]ivative-- 7,a7 li/$ on or (f]$ by a   
plat=m1 reg>dless ( :e!r ! plat=m is    
domicil$ 9 ! ,unit$ ,/ates2 &  7,b7 ti$ 
to ! occurr5ce or non-occurr5ce ( an    
ev5t1 includ+ ev5t contracts1 z describ$
 9 section #e;c7c77#e77;,c77i7 ( !      
,commodity ,ex*ange ,act 7#g ,u4,s4,c4  
#g;a-#b7;c77#e77;,c77i774  #acaeb4      
,prohibition ,no cov]$ individual may   
use mat]ial nonpublic in=mation d]iv$ f 
! position ( ! cov]$ individual z       
,presid5t1 ,vice ,presid5t1 a ,memb] (  

,congress1 a ,h\se ( ,repres5tatives or 
,s5ate employee1 a political appo9tee1  
or an employee ( an ,executive ag5cy or 
indep5d5t regulatory ag5cy or ga9$ f !  
p]=mance ( ! (ficial responsibilities ( 
! cov]$ individual z a means = mak+ a   
pr(it ?r\gh a cov]$ transaction4        
#acaec4 ,p5alties  7a7 ,9 g5]al ,not)/&+
 any o!r provision ( law1 includ+ any   
regulation1 a cov]$ individual :o       
violates section #acaeb %all be assess$ 
a f9e n to exce$ ! great] (-- 7#a7 #ejj2
 or  7#b7 an am\nt equal to d\ble !     
pr(it made by ! cov]$ individual ?r\gh !
 applicable cov]$ transaction4  7b7     
,deposit 9 ,treasury ,! f9es paid "u    
subsection 7a7 %all be deposit$ 9 !     
miscellane\s receipts ( ! ,treasury4    
#acaed4 ,duties ( sup]vis+ e?ics (fices 
,n lat] ?an #ahj days aft] ! date (     
enactm5t ( ! ,public ,integrity 9       
,f9ancial ,pr$iction ,m>kets ,act (     
#bjbf1 ea* sup]vis+ e?ics (fice %all--  
7a7 impose & collect p5alties 9         
accordance ) section #acaec2  7b7       

e/abli% su* proc$ures & /&>d =ms z !    
sup]vis+ e?ics (fice det]m9es           
appropriate to implem5t ?is sub*apt]2   
7c7 9 consultation ) ! ,commodity       
,futures ,trad+ ,commission1 issue su*  
rules & guidel9es z ! sup]vis+ e?ics    
(fice det]m9es appropriate = !          
implem5tation & application ( ?is       
sub*apt]2 &  7d7 publi% on a website all
 proc$ures1 =ms1 rules1 & guidel9es     
describ$ 9 ?is section4  #acaee4        
,reports ,n lat] ?an #cj days aft]      
receiv+ notification ( any cov]$        
transaction ! value ( :i* is m ?an #bej 
& to :i* ! cov]$ individual is a p>ty1 !
 cov]$ individual %all submit to !      
applicable sup]vis+ e?ics (fice a report
 describ+ ! cov]$ transaction1 :i* %all 
include-- 7#a7 ! value ( ! pr$iction    
m>ket contract1 includ+ ! pur*ase price 
& numb] ( pr$iction m>ket contracts     
pur*as$2  7#b7 ! date & "t ( ! cov]$    
transaction2  7#c7 ! "n ( ! pr$iction   
m>ket contract & ! position tak5 on !   
pr$iction m>ket contract2  7#d7 !       

pr$iction m>ket contract trad+ plat=m   
us$ to complete ! cov]$ transaction2 &  
7#e7 ! pr(it or loss ( ! cov]$          
transaction aft] ! pr$iction m>ket      
contract closes1 or ! cov]$ individual  
exits ! position1 provid$ t if !        
pr$iction m>ket contract is n clos$ on !
 date on :i* ! report "u ?is section is 
submitt$1 an additional report %all be  
submitt$ n lat] ?an #cj days aft] ! date
 on :i* ! pr$iction m>ket contract      
closes or ! cov]$ individual exits !    
position4  4  7b7 ,cl]ical am5dm5t ,!   
table ( sections = *apt] #aca ( title   
#e1 ,unit$ ,/ates ,code1 is am5d$ by    
add+ at ! end ! foll[+3  ,,sub*apt]     
,,iv--,prohibit$ cov]$ transactions     
involv+ pr$iction m>ket contracts#acaea4
 ,def9itions4#acaeb4                    
,prohibition4#acaec4 ,p5alties4#acaed4  
,duties ( sup]vis+ e?ics (fices4#acaee4 
,reports4  4