… national security risks by allowing traders to invest in outcomes related to sensitive matters like terrorism, assassination, war or elections. This non partisan issue has spiraled out of control and Congress needs to pass legislation to require enforcement [against prediction markets]. Congress previously included a subtle provision in the Commodity Exchange act that preempts state regulation on betting when it is offered through event contracts. (03:15–03:25)
CLAIM
Asserts the need for Congress to legislate enforcement against prediction markets.
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