(April 1): A key Commodity Futures Trading Commission (CFTC) official said the agency will use its powers to root out insider trading in prediction markets, as concerns about suspicious activity on the exchanges grow. “Unfortunately there’s a myth in mainstream media and social media that insider trading law doesn’t apply in the prediction markets,” CFTC enforcement director David Miller said at a panel at New York University on Tuesday. Some lawmakers have since introduced bills seeking to crack down on insider trading and rein in the industry. The CFTC under the Trump administration has generally embraced prediction markets and the exchanges have recently taken a more proactive approach to insider trading. There has, though, been significant debate in the industry about how the rules around insider trading would apply to the new types of wagers on prediction markets.

Source: The Edge Markets April 01, 2026 14:29 UTC