7 ms·
I don't think this is true, though enforcement is another thing and the standard is different than in securities markets. Prediction markets are regulated by th
by agency 7mo ago
I don't think this is true, though enforcement is another thing and the standard is different than in securities markets. Prediction markets are regulated by the CFTC and the insider trading standard is “misappropriation of confidential information in breach of a pre-existing duty of trust and confidence to the source of the information” (vs any “material non-public information” for securities) https://www.cftc.gov/PressRoom/SpeechesTestimony/phamstatement092723 https://www.cftc.gov/PressRoom/SpeechesTestimony/phamstateme...
- deleted 7mo ago[deleted]