HR 4685 United States House · 117th Congress

Trading Isn’t a Game Act

Summary

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.

Bill status in committee 1 of 4 stages cleared

Introduction

Jul 2021

Committee Review

Floor Vote

President

Introduced Jul 26, 2021 Last action Jan 20, 2022

Floor votes

How they voted

No floor votes recorded yet.

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Amendments

Jan 20, 2022

Lower · Passed

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

lower

Jul 29, 2021

Introduced

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

lower

Jul 29, 2021

Lower · Passed

Committee Consideration and Mark-up Session Held.

lower

Jul 28, 2021

Lower · Passed

Committee Consideration and Mark-up Session Held.

lower

Jul 26, 2021

Committee

Referred to the House Committee on Financial Services.

lower

Jul 26, 2021

Introduced

Introduced in House

lower

1 primary · 3 co-sponsors