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Code · BILL · 119th Congress · S. 4060 (Introduced in Senate) — To provide national safeguards to prevent abuse and fraud in online prediction markets, prevent underage use of onlin... · Sec. 11

Sec. 11. Preserving State regulations and consumer protections

149 words·~1 min read·/bill/119/s/4060/is/section-11·

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

Section 5c of the Commodity Exchange Act ( 7 U.S.C. 7a–2 ) is amended by inserting after subsection
(c)the following: An agreement, contract, transaction, or swap in an excluded commodity that is based upon an occurrence, extent of an occurrence, or contingency shall not be listed or made available for clearing or trading on or through an online prediction market (as defined in section 3 of the Prediction Markets Security and Integrity Act of 2026 ). . Nothing in this Act preempts or limits the authority of a State or an Indian Tribe to enact, adopt, promulgate, or enforce any law, rule, regulation, or other measure with respect to online prediction markets that is in addition to, or more stringent than, the requirements of this Act, including a law, rule, regulation, or other measure that prohibits an online prediction market from operating in the State or Tribal jurisdiction.
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  • 7 USC 7a–2
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Sec. 11
Preserving State regulations and consumer protections
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