Verbatim from the venue. The analyst must quote these, never paraphrase.
If federal legislation imposing an AI catastrophic-risk duty of care has become law after Issuance and before Jul 1, 2027, then the market resolves to Yes.
A qualifying federal law must impose an enforceable standard requiring AI developers or deployers to take reasonable care, or equivalent precautions, to prevent or mitigate catastrophic harm from their models or systems. This means large-scale harm such as mass casualties, major disruption of critical infrastructure, or comparably severe economic or environmental damage; the law need not use the exact phrase "duty of care".
Requiring a framework, audit, report, or shutdown control alone is insufficient. A framework qualifies only when the law makes the adequacy of the developer's precautions against catastrophic harm an enforceable obligation. Government enforcement or civil liability may enforce the duty. A later effective date does not delay qualification.
An example of this is the catastrophic-risk duty-of-care proposal being negotiated by Senators John Thune, Ted Cruz, and Amy Klobuchar.
opens
Sep 17 · 12:00 AM UTC
closes
Jul 1, 2027 · 3:59 AM UTC · may close early
expires
Jan 7, 2028 · 3:00 PM UTC
Recent trades
Most recent first. Price is the YES side.
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Raw payload
Exactly what the API returned for this market.
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market42
can_close_earlytrue
close_time2027-07-01T03:59:00Z
created_time2026-09-16T22:25:18.876148Z
custom_strike1
ask17477¢
ask10027¢
spread2¢mid 26¢
bid525¢
bid10018¢
bid2485¢
bid1001¢
Yes bid (no ask)SizeYes
Date
Jul 1, 2027
early_close_conditionThis market will close and expire early if the event occurs.
event_tickerKXAIDUTYOFCARE-26SEP
exchange_index0
expected_expiration_time2028-01-07T15:00:00Z
expiration_time2027-07-07T14:00:00Z
expiration_value
last_price_dollars0.0000
latest_expiration_time2027-07-07T14:00:00Z
liquidity_dollars0.0000
market_typebinary
no_ask_dollars0.7500
no_bid_dollars0.7300
no_sub_titleBefore Jul 1, 2027
notional_value_dollars1.0000
occurrence_datetime2027-07-01T04:00:00Z
open_interest_fp0.00
open_time2026-09-17T00:00:00Z
previous_price_dollars0.0000
previous_yes_ask_dollars0.9300
previous_yes_bid_dollars0.0300
price_level_structurelinear_cent
price_ranges1
[0]3
end1.0000
start0.0000
step0.0100
result
rules_primaryIf federal legislation imposing an AI catastrophic-risk duty of care has become law after Issuance and before Jul 1, 2027, then the market resolves to Yes.
rules_secondaryA qualifying federal law must impose an enforceable standard requiring AI developers or deployers to take reasonable care, or equivalent precautions, to prevent or mitigate catastrophic harm from their models or systems. This means large-scale harm such as mass casualties, major disruption of critical infrastructure, or comparably severe economic or environmental damage; the law need not use the exact phrase "duty of care".
Requiring a framework, audit, report, or shutdown control alone is insufficient. A framework qualifies only when the law makes the adequacy of the developer's precautions against catastrophic harm an enforceable obligation. Government enforcement or civil liability may enforce the duty. A later effective date does not delay qualification.
An example of this is the catastrophic-risk duty-of-care proposal being negotiated by Senators John Thune, Ted Cruz, and Amy Klobuchar.
settlement_timer_seconds1800
statusactive
strike_typecustom
tickerKXAIDUTYOFCARE-26SEP-27JUL01
titleWill an AI catastrophic-risk duty of care become U.S. law before Jul 1, 2027?