Summary

Creates a short title and adds a new chapter to federal law that authorizes restrictions on trading in prediction markets. The text itself does not specify who is covered, what trades are restricted, what penalties apply, or which agencies will implement the rules; it simply adds statutory authority in Title 5 of the U.S. Code for such restrictions.

• Creates a short title and official acronym for the Act.
• Adds a new chapter to Title 5 U.S.C. to provide statutory authority to restrict trading in prediction markets.
• Does not include definitions of covered persons, market types, or prohibited transactions.
• Does not set penalties, enforcement mechanisms, or identify which agency will implement restrictions.
• Enables future rulemaking or legislation to specify and enforce prediction-market trading restrictions.
• Does not appropriate funding or impose immediate obligations.
• Leaves significant implementation details to be addressed separately.
• Primarily functions as an authorization/procedural change to federal law rather than a substantive regulatory regime.