Public Integrity in Financial Prediction Markets Act of 2026

The "Public Integrity in Financial Prediction Markets Act of 2026" aims to prevent federal officials and employees from profiting from insider information in prediction markets. It establishes a prohibition on "covered individuals," which includes elected officials , congressional staff, political appointees, and executive agency employees, from engaging in certain financial transactions. These individuals are barred from buying, selling, or exchanging prediction market contracts if they possess or can reasonably obtain material nonpublic information relevant to the transaction. This restriction applies specifically to contracts tied to government policy, government action, or political outcomes, ensuring that public service does not provide an unfair advantage in these markets.