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Wall Street Banks Restrict Employee Trading on Prediction Markets Over Insider‑Info Risks

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2 outlets - including Tronweekly and Crypto-economy - are covering this story. Major Wall Street banks have introduced stricter rules governing employee participation in prediction markets to reduce insider trading and conflict-of-interest risks. The policy changes follow high-profile investigations that have intensif…

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Wall Street Banks Restrict Employees from Trading on Prediction Markets
TronWeekly Jul 10, 21:20 UTC

Wall Street Banks Restrict Employees from Trading on Prediction Markets

Major Wall Street banks have introduced stricter rules governing employee participation in prediction markets to reduce insider trading and conflict-of-interest risks. The policy changes follow high-profile investigations that have intensif…

Wall Street Banks Restrict Employee Trading on Prediction Markets Over Insider‑Info Risks
Crypto Economy Jul 10, 14:59 UTC

Wall Street Banks Restrict Employee Trading on Prediction Markets Over Insider‑Info Risks

TL;DR Wall Street banks are tightening rules for their employees on prediction markets over fears they may trade using insider information. Goldman Sachs banned its staff from trading event contracts tied to the bank, financial markets, ele…