Goldman Bans Staff From Participating in Finance, Politics Prediction Markets, Source Says
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6 Articles
Goldman Sachs bans employees from making finance, politics bets on prediction markets: report
Wall Street giant Goldman Sachs has barred employees from trading on prediction-market contracts linked to financial markets and political events, a source familiar with the matter said on Thursday.
Goldman bans staff from participating in finance, politics prediction markets, source says
July 9 (Reuters) - Wall Street giant Goldman Sachs has barred employees from trading on prediction-market contracts linked to financial markets and political events, a source familiar with the matter said on Thursday. A memo was issued some time ...
Goldman Sachs has banned its employees from trading in forecast markets, with the exception of sports betting and entertainment, in one of the most compelling measures taken by a Wall Street bank in the face of the new regulatory issues raised by the growth of betting in events. The bank, based in New York, recently updated its personal bargaining policy to ban transactions with event contracts related to specific companies — including Goldman S…
Goldman Sachs bans staff from finance and politics prediction markets
Goldman's ban on prediction markets for staff highlights growing regulatory scrutiny and potential conflicts of interest in financial institutions. The post Goldman Sachs bans staff from finance and politics prediction markets appeared first on Crypto Briefing.
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