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Rep. Don Davis introduces bill to stop federal candidates trading prediction market contracts tied to their own elections

  • Rep. Don Davis introduces bill to stop federal candidates trading prediction market contracts tied to their own elections — Rep. Don Davis (D-N.C.) introduced the No Betting on Your Own Race Act on Oct. 5, barring federal candidates, their spouses, dependent children and campaign committees from trading prediction-market contracts tied to their own elections. Violations would carry a civil penalty of $10,000 or three times the net gain, whichever is higher. (The Block)

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