Regulation· ★★★· neutral·

SEC enforcement chief flags insider trading on prediction markets

  • —SEC named insider trading and manipulation as the main risks on prediction markets
  • —Contracts tied to public company KPIs and earnings may fall under SEC oversight
  • —Kalshi and Polymarket US are currently regulated by the CFTC
  • —Woodcock expects enforcement actions in the segment going forward
Why it matters: Prediction markets may gain a second regulator, reshaping rules for Kalshi, Polymarket and their rivals.
Source: PANews
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