Rep. Gabe Vasquez Pushes To Ban Public Officials From Insider Trading On Prediction Markets

PA Sen. looks to ban insider stock trading for Congress, President of United States

PENNSYLVANIA (WTAJ) -- A Pennsylvania Senator is looking to ban insider stock trading and participation in prediction markets. "Public officials should not be able to make money off non-public information provided to them in service of their elected position," Sen. Lindsey Williams wrote in her newest memo. Prediction markets such as Polymarket and Kalshi allow [...]

Rep. Gabe Vasquez Pushes To Ban Public Officials From Insider Trading On Prediction Markets

STATE News: WASHINGTON, D.C. — U.S. Rep. Gabe Vasquez (NM-02) continued his push to hold Washington accountable and cosponsored a bill to ban public officials from insider trading on prediction markets. The Public Integrity in Financial Prediction Markets Act addresses flagrant corruption that allows government employees to use insider information for personal gain on prediction markets. The bill bans the use of prediction markets for any federa…