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H.R. 4685

BillFederalHouseFloor Consideration
Trading Isn’t a Game Act
About This Bill
Introduced
Latest Action · January 20, 2022
Placed on the Union Calendar, Calendar No. 165.
Congress
117th (2021–2023)
Introduced
July 26, 2021
Cosponsors (3)
3D 0R
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Summary

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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.

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