Arizona Gov. Hobbs bans insider trading on prediction markets
Arizona’s Katie Hobbs is the latest state governor to issue an executive order to ban government employees from insider trading on prediction markets.
Insider Trading
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Kalshi Implements Job Detail Disclosure for High-Risk Markets
The prediction market operator Kalshi has introduced new job detail requirements for certain users. The firm aims to prevent insider trading and restrict certain individuals from engaging in sensitive trades.
George Santos Under Investigation for Insider Trading at Kalshi
George Santos is reportedly under investigation for trading on whether he would attend the State of the Union address in February at Kalshi.
Survivor Markets Accused of Insider Trading at Kalshi
Survivor host Jeff Probst apologized for inadvertently revealing a season finale spoiler, where a contestant would exit the show. Kalshi's markets had essentially predicted the winner seven months prior.
CFTC Collaborates with MLB and Top US Sports Leagues to Prevent
The Commodity Futures Trading Commission (CFTC), a top US financial regulator, is partnering with Major League Baseball and other sports leagues to stop insider trading on prediction markets.
House members target prediction markets as CFTC backs them again
A group of federal representatives asking for an inquiry into prediction markets Tuesday, while the Commodity Futures Trading Commission (CFTC) once again threw its weight behind the operators in state court.