Public Integrity in Financial Prediction Markets Act of 2026

# Public Integrity in Financial Prediction Markets Act of 2026 Summary **What the Bill Would Do:** This bill would establish federal regulations for "prediction markets"—platforms where people bet on the outcomes of future events, including political elections, policy decisions, and other public matters. The legislation aims to create rules ensuring transparency, preventing fraud, and protecting the integrity of these markets from manipulation. **Who It Affects:** The bill would impact prediction market operators (the companies running these platforms), individual traders and bettors, and potentially the broader financial system. It could also affect election integrity by regulating betting on electoral outcomes. **Current Status:** HR 7004 is currently in committee, meaning it has been introduced but has not yet advanced to a floor vote.

The bill was sponsored by Rep. Ritchie Torres (D-NY). **Note:** Specific provisions of this bill are not publicly detailed in the available information. To learn the exact requirements the bill would impose—such as licensing requirements, reporting obligations, or restrictions on certain types of bets—you would need to review the full bill text on Congress.gov.