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Senators bann themselves from trading on prediction markets
Posted on 4/30/26 at 12:17 pm
Posted on 4/30/26 at 12:17 pm
quote:CNBC
The U.S. Senate on Thursday unanimously passed a rule barring senators from trading on prediction markets effective immediately.
The move came amid rising concern about insider trading on prediction market platforms such as Kalshi and Polymarket, and about event contracts that can involve death or violence.
On April 22, Kalshi said it had suspended and fined one U.S. Senate candidate and two candidates for the House of Representatives for political insider trading on their own campaigns.
Now do a real insider trading ban. CNBC
1
Posted on 4/30/26 at 12:28 pm to bigjoe1
Is this like the STOCK Act, where Congress is supposed to police itself but just doesn't?
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