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HR 4685 117th Congress House Finance and Financial Sector Behavioral sciences Business ethics Congressional oversight Consumer affairs Financial services and investments Government Accountability Office (GAO) Government information and archives Government studies and investigations Mental health Securities Service industries

Trading Isn’t a Game Act

Introduced: July 26, 2021 Introduced by: Casten, Sean Democratic · Illinois See on congress.gov
 Everywhere this bill has been 7 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jan 20, 2022
Placed on the Union Calendar, Calendar No. 165.
Jan 20, 2022
Reported (Amended) by the Committee on Financial Services. H. Rept. 117-231.
Jul 29, 2021
Ordered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 28 - 23.
Jul 29, 2021
Committee Consideration and Mark-up Session Held.
Jul 28, 2021
Committee Consideration and Mark-up Session Held.
Jul 26, 2021
Referred to the House Committee on Financial Services.
Jul 26, 2021
Introduced in House
 Plain-English summary Congressional Research Service

Trading Isn't a Game Act

This bill requires the Government Accountability Office (GAO) to study and report on the use of techniques including gamification (adding gamelike elements to encourage participation) and psychological nudges (behavioral interventions designed to influence decision-making) by online investment trading platforms. Further, the GAO must compare the investment activity, habits, and risk tolerance of customers exposed to such techniques and those who are not.

What's happening now January 20, 2022

Placed on the Union Calendar, Calendar No. 165.

 Committees of jurisdiction 1