Trading Isn’t a Game Act

United States117th CongressHR-4685House of Representatives
Updated: Jan 20, 2022

Summary

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.

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Timeline

  1. Committee Consideration and Mark-up Session Held.

    House of Representatives

  2. Ordered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 28 - 23.

    House of Representatives

  3. Reported (Amended) by the Committee on Financial Services. H. Rept. 117-231.

    House of Representatives

  4. Placed on the Union Calendar, Calendar No. 165.

    House of Representatives