The Merkley-Raskin bill would ban U.S. exchanges from listing election and sports contracts. The Defiant reports that the bill, introduced on March 26, also targets contracts on U.S. government actions and allows a commercial hedging exception as defined by the CFTC.
· The bill is still in committee and has not yet come up for a vote; it still has to go through the legislative process before it can take effect.
Given the current pace, do you think it will come up for a vote or be shelved first?
· The bill is still in committee and has not yet come up for a vote; it still has to go through the legislative process before it can take effect.
Given the current pace, do you think it will come up for a vote or be shelved first?
