Business & Finance
SEC Eyes Manipulation, Insider Risk in Prediction Markets
Key Points
EXCLUSIVE SEC Eyes Manipulation, Insider Risk in Prediction Markets Add another regulator to the list of watchdogs monitoring risks in the fast-growing prediction market industry: the Securities and Exchange Commission. Trades tied to companies’ key performance indicators or earnings measures can fall under the Wall Street regulator’s turf and SEC Enforcement Director David Woodcock said the agency is watching out for signs of foul play.
EXCLUSIVE
SEC Eyes Manipulation, Insider Risk in Prediction Markets
Add another regulator to the list of watchdogs monitoring risks in the fast-growing prediction market industry: the Securities and Exchange Commission.
Trades tied to companies’ key performance indicators or earnings measures can fall under the Wall Street regulator’s turf and SEC Enforcement Director David Woodcock said the agency is watching out for signs of foul play.