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SEC's Woodcock says agency is watching insider trading in prediction markets

NewsFeeds update

David Woodcock, director of the SEC's Division of Enforcement, said the agency is closely monitoring fraud and securities violations in prediction markets, focusing on insider trading and manipulation, and expects enforcement action. He said markets tied to public companies' key metrics or financial results may fall within its remit.

RegulationOdailyAIBearish

Read the original on Odaily

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Every Regulation update on NewsFeeds

Every update is a short rewrite, by AI in our own words, of a flash from the outlet named on it, credited and linked. Not investment advice.