SocialReadWriteabout 2 hours ago
House bill bans wildfire bets on prediction markets
3 min read
A House bill introduced Monday would stop federally regulated prediction markets from listing wildfire contracts. Rep. Michael Baumgartner filed H.R. 10109, the Wildfire Event Contract Prohibition Act, which amends the Commodity Exchange Act. The legislation now heads to the House Agriculture and Judiciary committees.
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