Don Davis introduces bill restricting candidates’ election contract trading in USA
By SectorWire desk · · Updated
Summary
US Representative Don Davis has introduced legislation restricting federal candidates from trading prediction contracts on their own elections. The proposal also covers spouses, dependent children and authorised campaign committees. It proposes a civil penalty of $10,000 or three times the net financial gain.
Why it matters
The proposal would restrict election contract trading by federal candidates, specified family members and campaign committees, backed by civil penalties.