Ritchie Torres Plans 2026 Bill to Curb Insider Trading on Political Prediction Markets

U.S. Representative Ritchie Torres plans to introduce the Public Integrity in Financial Prediction Markets Act of 2026, aiming to restrict federal officials from trading political prediction contracts when they hold nonpublic information. The initiative follows a lucrative Polymarket wager on the potential removal of Venezuelan President Nicolás Maduro and growing concerns over insider use of sensitive intelligence on such platforms.