Federal SB4035 prohibits trading contracts related to war, death, and similar activities.
Federal SB4035, also known as the "DEATH BETS Act," amends the Commodity Exchange Act to prohibit the listing of contracts relating to war, death, and similar activities. This includes agreements, contracts, transactions, or swaps based on an excluded commodity that involve, relate to, or reference terrorism, assassination, war, or any similar activity. The bill aims to prevent exploitative betting on tragic events by registered entities.
The filed bill text is too short for analysis.