Regulates designated contract markets, prohibiting certain trades, advertising restrictions, and penalties.

The bill regulates designated contract markets, which are digital marketplaces for trading event-driven contracts. It prohibits public employees, officials, lobbyists, and their family members from trading contracts related to legislative or governmental actions. The bill mandates age restrictions, prohibiting consumers under 21 from trading. It also restricts advertising practices, including limiting push notifications and depictions of persons under 21. The bill requires markets to implement measures to detect and prevent fraudulent or manipulative conduct by traders.

Regulates designated contract markets, prohibiting certain trades, advertising restrictions, and penalties.

The bill regulates designated contract markets, which are digital marketplaces for trading event-driven contracts. It prohibits public employees, officials, lobbyists, and their family members from trading contracts related to legislative or governmental actions. The bill mandates age restrictions, prohibiting consumers under 21 from trading. It also restricts advertising practices, including limiting push notifications and depictions of persons under 21. The bill requires markets to implement measures to detect and prevent fraudulent or manipulative conduct by traders.