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Arizona governor bars executive staff from exploiting confidential information in prediction markets

Regulation

Arizona Governor Katie Hobbs issued an executive order prohibiting state executive-branch employees from disclosing or using confidential information to profit from, avoid losses in or assist others with prediction-market trades. Violations may result in dismissal, other discipline or referral to law enforcement; the order took effect immediately and remains in force until repealed or replaced.

The order establishes employee restrictions and potential disciplinary consequences for prediction-market activity involving confidential information.

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