Ritchie Torres (D-NY)
Campaign Event Contract Integrity Act
A Democratic bill with 1 Democratic cosponsor · See the cosponsor
Last activity — Referred to the Subcommittee on Commodity Markets, Digital Assets, and Rural Development.
In committee
Introduced and handed to a committee in the chamber it started in.
The committee holds it, and most bills are never heard from again. A hearing or a committee vote would be news; silence is the usual outcome, and it kills the bill without anyone voting against it.
Its path through Congress
- Introduced
- In Committee
What this bill would do
The Campaign Event Contract Integrity Act aims to prohibit specific individuals associated with political campaigns from trading political event contracts while they have access to important, nonpublic information. It prevents these individuals from sharing such information to help others trade on it or using others to hide their trades. Additionally, the bill requires political event trading platforms to implement safeguards to detect and prevent insider trading and market manipulation. These platforms must also require certain traders to disclose their campaign affiliations or access to confidential data. The Commodity Futures Trading Commission is granted the authority to investigate violations and bring civil enforcement actions. Finally, the act establishes significant civil penalties for those who violate these rules.
Yes· 3 of 5
- Scored +6
Does this make elections run better?
The bill increases integrity in the political process by prohibiting the use of inside information for financial gain.
- Scored +5
Does this make what the government does easier for the public to see?
The bill requires disclosure of campaign affiliations and access to material nonpublic information.
- Scored +5
Does this give people more protection from unfair business practices?
The bill enhances market integrity and protects traders by preventing insider trading in political event contracts.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
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Prevention of Insider Trading: By prohibiting covered campaign-affiliated individuals from trading while possessing material nonpublic campaign information, the bill seeks to prevent unfair advantages in political event contracts (Section 3(a)).
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Protection Against Information Leaks: The ban on "tipping" ensures that individuals cannot pass along confidential campaign details to others for the purpose of trading (Section 3(b)).
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Enhanced Market Oversight: Requiring covered platforms to maintain policies that detect and prevent prohibited trading, identify suspicious activity, and monitor coordinated trading helps maintain market integrity (Section 4(a)).
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Increased Transparency: Requiring traders who meet certain thresholds to disclose their campaign affiliations or access to nonpublic information provides more clarity regarding who is participating in the market (Section 4(b)).
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Strong Deterrents for Wrongdoers: The establishment of civil penalties, including fines up to $250,000 or three times the profit gained, as well as the potential for trading bans, provides a mechanism to hold violators accountable (Section 5(b)).
Potential Negative Impacts for People
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Burdens on Trading Platforms: Covered platforms are required to establish and maintain specific policies, procedures, and controls to monitor activity and report suspicious behavior to the Commodity Futures Trading Commission (Section 4(a)).
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Disclosure Requirements for Traders: Individuals engaging in trading above certain thresholds are required to disclose their employment, compensation, or access to material nonpublic campaign information (Section 4(b)).
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Risk of Civil Penalties: Any person found in violation of the act faces significant financial risks, such as heavy fines and the loss of profits through disgorgement (Section 5(b)).
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Tap or hover a score for the reason it gave.
- Governance And Ideology
- Does this make elections run better? — The bill increases integrity in the political process by prohibiting the use of inside information for financial gain. Does this make what the government does easier for the public to see? — The bill requires disclosure of campaign affiliations and access to material nonpublic information. Does this limit or expose the money behind campaigns? — While not direct funding reform, it regulates how campaign-connected individuals profit from political outcomes. Does this give the federal government more power? — The bill expands the regulatory and enforcement authority of the CFTC over political event contracts.
- Economy And Finance
- Does this give people more protection from unfair business practices? — The bill enhances market integrity and protects traders by preventing insider trading in political event contracts.
- 6/15/2026
- Referred to the Subcommittee on Commodity Markets, Digital Assets, and Rural Development.
- 5/12/2026
- Referred to the House Committee on Agriculture.
- 1 Cosponsor added.
- Introduced in House
Seth MoultonDemocrat · Massachusetts