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Study on Gamification and Psychological Nudges in Online Trading Platforms

This act mandates a study on how online trading platforms use gamification and psychological nudges. The goal is to understand if these techniques harm investors or empower them. The findings will help determine if new rules are needed to protect your money and investment decisions.
Key points
The government will study how online trading platforms use game-like features and psychological tricks to influence your investment choices.
The report will assess if these techniques are harmful or helpful to investors, and if they constitute hidden investment advice.
The study's findings could lead to new regulations to better protect investors, especially less experienced ones.
article Official text account_balance Process page
Expired
Citizen Poll
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Additional Information
Print number: 117_HR_4685
Sponsor: Rep. Casten, Sean [D-IL-6]
Process start date: 2021-07-26
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Trading Isn’t a Game Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_HR_4685.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2021-07-26.

What are the main provisions?

Key points include:

  • The government will study how online trading platforms use game-like features and psychological tricks to influence your investment choices.
  • The report will assess if these techniques are harmful or helpful to investors, and if they constitute hidden investment advice.
  • The study's findings could lead to new regulations to better protect investors, especially less experienced ones.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Casten, Sean [D-IL-6].

What is the latest detailed status?

The latest detailed status is: Placed on the Union Calendar, Calendar No. 165.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-28.

CATEGORIES

Economy