Legis Daily

Trading Isn’t a Game Act

USA117th CongressHR-4685| House 
| Updated: 1/20/2022
Sean Casten

Sean Casten

Democratic Representative

Illinois

Cosponsors (3)
Bill Foster (Democratic)Cynthia Axne (Democratic)Lauren Underwood (Democratic)

Financial Services Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Trading Isn't a Game Act This bill requires the Government Accountability Office (GAO) to study and report on the use of techniques including gamification (adding gamelike elements to encourage participation) and psychological nudges (behavioral interventions designed to influence decision-making) by online investment trading platforms. Further, the GAO must compare the investment activity, habits, and risk tolerance of customers exposed to such techniques and those who are not.

Bill Text Versions

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Timeline
Jul 26, 2021
Introduced in House
Jul 26, 2021
Referred to the House Committee on Financial Services.
Jul 28, 2021
Committee Consideration and Mark-up Session Held.
Jul 29, 2021
Ordered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 28 - 23.
Jul 29, 2021
Committee Consideration and Mark-up Session Held.
Jan 20, 2022
Placed on the Union Calendar, Calendar No. 165.
Jan 20, 2022
Reported (Amended) by the Committee on Financial Services. H. Rept. 117-231.
  • July 26, 2021
    Introduced in House


  • July 26, 2021
    Referred to the House Committee on Financial Services.


  • July 28, 2021
    Committee Consideration and Mark-up Session Held.


  • July 29, 2021
    Ordered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 28 - 23.


  • July 29, 2021
    Committee Consideration and Mark-up Session Held.


  • January 20, 2022
    Placed on the Union Calendar, Calendar No. 165.


  • January 20, 2022
    Reported (Amended) by the Committee on Financial Services. H. Rept. 117-231.

Finance and Financial Sector

Behavioral sciencesBusiness ethicsCongressional oversightConsumer affairsFinancial services and investmentsGovernment Accountability Office (GAO)Government information and archivesGovernment studies and investigationsMental healthSecuritiesService industries

Trading Isn’t a Game Act

USA117th CongressHR-4685| House 
| Updated: 1/20/2022
Trading Isn't a Game Act This bill requires the Government Accountability Office (GAO) to study and report on the use of techniques including gamification (adding gamelike elements to encourage participation) and psychological nudges (behavioral interventions designed to influence decision-making) by online investment trading platforms. Further, the GAO must compare the investment activity, habits, and risk tolerance of customers exposed to such techniques and those who are not.

Bill Text Versions

View Text
2 versions available

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Jul 26, 2021
Introduced in House
Jul 26, 2021
Referred to the House Committee on Financial Services.
Jul 28, 2021
Committee Consideration and Mark-up Session Held.
Jul 29, 2021
Ordered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 28 - 23.
Jul 29, 2021
Committee Consideration and Mark-up Session Held.
Jan 20, 2022
Placed on the Union Calendar, Calendar No. 165.
Jan 20, 2022
Reported (Amended) by the Committee on Financial Services. H. Rept. 117-231.
  • July 26, 2021
    Introduced in House


  • July 26, 2021
    Referred to the House Committee on Financial Services.


  • July 28, 2021
    Committee Consideration and Mark-up Session Held.


  • July 29, 2021
    Ordered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 28 - 23.


  • July 29, 2021
    Committee Consideration and Mark-up Session Held.


  • January 20, 2022
    Placed on the Union Calendar, Calendar No. 165.


  • January 20, 2022
    Reported (Amended) by the Committee on Financial Services. H. Rept. 117-231.
Sean Casten

Sean Casten

Democratic Representative

Illinois

Cosponsors (3)
Bill Foster (Democratic)Cynthia Axne (Democratic)Lauren Underwood (Democratic)

Financial Services Committee

Finance and Financial Sector

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Behavioral sciencesBusiness ethicsCongressional oversightConsumer affairsFinancial services and investmentsGovernment Accountability Office (GAO)Government information and archivesGovernment studies and investigationsMental healthSecuritiesService industries