House Oversight Chair Seeks Ban on Government Officials’ Prediction Market Bets Amid Insider Trading Concerns
Key Highlights Four of the five prediction market platforms provided substantial information about their surveillance systems. Polymarket and Kalshi have strengthened procedures for monitoring suspicious trading activity. Congress is considering broader restrictions on government-related prediction market trading and stronger regulator-platform information sharing. Prediction Markets Face Scrutiny Over Surveillance and Government Trading Four of the five ...