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Your comment seems to imply that trading based on material non-public information in prediction markets is always okay, which is not the case. The CFTC just mad
by tmp10423288442 8mo ago
Your comment seems to imply that trading based on material non-public information in prediction markets is always okay, which is not the case. The CFTC just made a press release detailing some instances of invalid use of nonpublic information on prediction markets: https://www.cftc.gov/PressRoom/PressReleases/9185-26 https://www.cftc.gov/PressRoom/PressReleases/9185-26
Interestingly, the CFTC objects to a political candidate trading on their own candidacy on the grounds that it is fraudulent. So it looks like they could attempt to regulate self-trading quite strictly, at least if that theory holds up after a court challenge.