# Prediction Markets Security and Integrity Act (Blumenthal)

**Type:** Federal legislation  
**Status:** Introduced (as of May 2026)  
**Sponsor:** Senator Blumenthal  
**Domain:** Prediction markets, event contracts  

## Overview

Competing federal legislation to the McCormick-Gillibrand Prediction Market Act. Described as "presumably more restrictive" in scope, suggesting a more cautious or limited approach to prediction market authorization.

## Significance

The existence of competing bills signals partisan disagreement on prediction market scope and restrictions, even as the Senate unanimously passed a resolution restricting congressional trading on prediction markets.

## Timeline

- **2026-05-05** — Bill introduced as alternative to McCormick-Gillibrand Prediction Market Act

## Sources

- Lowenstein Sandler FinTech Five, May 5 2026