# 119-s-4017: End Prediction Market Corruption Act

119-s-4017, End Prediction Market Corruption Act, is a 119th Congress bill sponsored by Sen. Merkley, Jeff [D-OR] (D-OR); status introduced; PRIA reads it as touching household money (as of 2026-04-21).

- Canonical: https://policyrisk.com/legislation/119-s-4017
- As of: 2026-04-21
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-s-4017
- Congress: 119
- Title: End Prediction Market Corruption Act
- Status: introduced
- Introduced: 2026-03-05
- Sponsor: Sen. Merkley, Jeff [D-OR] (D-OR)
- Cosponsors: 4
- Policy area: Finance and Financial Sector
- Touches household money: yes
- Last recorded action: 2026-04-21

## Summary

**Ban on government officials trading event contracts.** This bill would bar high-level officials from trading event contracts (agreements that pay out based on specified occurrences) and would strengthen disclosure and enforcement around those markets. - Covered individuals, including the President, the Vice President, and Members of Congress, would be prohibited from purchasing, selling, or exchanging event contracts. - Senior executive branch officials would be barred from trading event contracts that concern matters in which they participate personally and substantially in their official capacity. - Enforcement and market rules would tighten. The Attorney General could bring civil actions with penalties up to the greater of $10,000 per violation or the violator's profit. Foreign boards of trade would need to file quarterly reports on prohibited trades and could lose registration for failures, and the Commission would be required to issue rules limiting misuse of material nonpublic information.

## Cosponsors (4)

- Sen. Klobuchar, Amy [D-MN] (D-MN), 2026-03-05T00:00:00.000Z
- Sen. Van Hollen, Chris [D-MD] (D-MD), 2026-03-05T00:00:00.000Z
- Sen. Schiff, Adam B. [D-CA] (D-CA), 2026-03-05T00:00:00.000Z
- Sen. Gillibrand, Kirsten E. [D-NY] (D-NY), 2026-03-05T00:00:00.000Z

## Provisions PRIA read

- Stronger market rules and foreign reports: mixed, medium. If enacted, the Commodity Futures Trading Commission would have to issue rules to stop people using material nonpublic information to profit from event contracts. The rules could require designated markets to bar trades by people the Commission finds appropriate to restrict. Foreign boards of trade…
- Ban on event trading by officials: mixed, low. If enacted, the President, Vice President, and Members of Congress would be barred from buying, selling, or trading any "event contract." The bill would add definitions for who is covered, what an event contract is, and what counts as material nonpublic information. The Attorney General could sue v…
- Limits on senior executive trading: mixed, low. If enacted, senior executive branch officials would be barred from buying, selling, or trading an event contract when the contract concerns a particular matter they personally and substantially handle in their official role. Participation includes decisions, approvals, recommendations, investigatio…
- New reporting for officials' event trades: mixed, low. If enacted, covered reporting officials would have to say in their periodic financial reports whether they, a spouse, or a dependent child bought, sold, or traded an event contract. They would have to describe any such contract and state its value. They would also have to file a transaction report…

## Related bills

- 119-s-5283: Momnibus Act
- 119-s-3990: PrEP Access and Coverage Act of 2026
- 119-s-2823: FAMILY Act
- 119-s-51: Washington, D.C. Admission Act
- 119-s-5108: Right to IVF Act of 2026
- 119-s-1503: Equality Act

## Sources
- [119-s-4017 on Congress.gov](https://www.congress.gov/bill/119th-congress/senate-bill/4017)

## Related
- [119-s-5283: Momnibus Act](https://policyrisk.com/legislation/119-s-5283)
- [119-s-3990: PrEP Access and Coverage Act of 2026](https://policyrisk.com/legislation/119-s-3990)
- [119-s-2823: FAMILY Act](https://policyrisk.com/legislation/119-s-2823)
- [119-s-51: Washington, D.C. Admission Act](https://policyrisk.com/legislation/119-s-51)
- [119-s-5108: Right to IVF Act of 2026](https://policyrisk.com/legislation/119-s-5108)
- [119-s-1503: Equality Act](https://policyrisk.com/legislation/119-s-1503)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-s-4017 (as of 2026-04-21).