DEATH BETS Act
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Summary
The bill amends the Commodity Exchange Act to prohibit registered entities from listing for trading or accepting for clearing any agreement, contract, transaction, or swap based on an excluded commodity that involves or references terrorism, assassination, war, or similar activity, as determined by the Commodity Futures Trading Commission. It also prohibits such contracts that involve or reference an individual's death or could otherwise be construed as closely correlating to an individual's death. The bill is titled the DEATH BETS Act and was referred to the Senate Committee on Agriculture, Nutrition, and Forestry.
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