GAO study

Not later than 60 days after the date of enactment of this Act, the Comptroller General of the United States shall— (1) conduct a study on— (A) prediction markets, including— (i) insider trading in prediction markets; and (ii) the impacts on individuals aged 18 to 20 years old of trading in prediction markets; (B) additional types of prediction markets that are not prohibited by the Commodity Exchange Act (7 U.S.C. 1 et seq.) (as amended by section 2) for the purpose of preventing a Federal regulatory structure that permits gambling, including by examining any agreement, contract, transaction, or swap (as defined in section 1a of that Act (7 U.S.C. 1a)) that is not used for hedging or mitigating commercial risk; and (C) means Congress can use to address illegal acts occurring in foreign prediction markets and in domestic prediction markets committed by companies with a presence in a foreign country and in the United States to preserve the integrity of prediction markets; and (2) make publicly available and submit to Congress a report describing the results of the study conducted under paragraph (1), including recommendations to Congress to preserve the integrity of prediction markets.