This legislative proposal, titled the Discouraging Exploitative Assassination, Tragedy, and Harm Betting in Event Trading Systems Act , or DEATH BETS Act , aims to amend the Commodity Exchange Act. Its primary purpose is to prohibit the listing and clearing of certain financial contracts deemed exploitative or harmful. Specifically, the bill bans agreements, contracts, transactions, or swaps based on an excluded commodity that involve, relate to, or reference terrorism, assassination, war, or similar activities , as determined by the Commission. It also prohibits contracts that involve, relate to, or reference an individual's death or could otherwise be construed as closely correlating to an individual's death, thereby preventing speculative trading on such events.