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Bill117th CongressFiled Jul 26, 2021Finance and Financial Sector
H.R. 4685

Trading Isn’t a Game Act

Bill journey · stage 2 of 5

Under committee review

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What it doesSummary reported to house (Jan 20, 2022)

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 just happenedJan 20, 2022

Placed on the Union Calendar, Calendar No. 165.

Who’s behind it

Rep. Casten, Sean [D-IL-6](D-IL)Sponsor
3 cosponsors3 D
Read on Congress.gov
3cosponsors1committees9actions11subjects
  1. Jan 20, 2022CalendarsH12410

    Placed on the Union Calendar, Calendar No. 165.

  2. Jan 20, 2022CommitteeH12200

    Reported (Amended) by the Committee on Financial Services. H. Rept. 117-231.

    Financial Services Committee
  3. Jan 20, 2022Committee5000

    Reported (Amended) by the Committee on Financial Services. H. Rept. 117-231.

    Financial Services Committee
  4. Jul 29, 2021Committee

    Ordered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 28 - 23.

    Financial Services Committee
  5. Jul 29, 2021Committee

    Committee Consideration and Mark-up Session Held.

    Financial Services Committee
  6. Jul 28, 2021Committee

    Committee Consideration and Mark-up Session Held.

    Financial Services Committee
  7. Jul 26, 2021IntroReferralH11100

    Referred to the House Committee on Financial Services.

    Financial Services Committee
  8. Jul 26, 2021IntroReferralIntro-H

    Introduced in House

  9. Jul 26, 2021IntroReferral1000

    Introduced in House

Reported to HouseJan 20, 20227

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.

Introduced in HouseJul 26, 2021

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.

Trading Isn’t a Game Act — Informed