teleo-codex/entities/internet-finance/ritchie-torres.md
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- Domain: internet-finance
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2026-04-10 22:31:47 +00:00

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Markdown

# Ritchie Torres
**Type:** person
**Status:** active
**Domain:** internet-finance
## Overview
Rep. Ritchie Torres (D-NY) represents the Bronx in the U.S. House of Representatives. A progressive Democrat generally crypto-skeptical, Torres introduced the Public Integrity in Financial Prediction Markets Act of 2026, applying insider trading rules to prediction markets.
## Timeline
- **2026-04-01** — Introduced Public Integrity in Financial Prediction Markets Act barring federal officials from trading on political prediction markets
## Significance
Torres's insider trading bill is notable because it treats prediction markets as financial instruments requiring securities-style regulation rather than gambling prohibition, representing a legitimization pathway for the industry despite his generally skeptical stance on crypto.