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Campaign staff reportedly trade on unreleased polls in US prediction markets

Regulation

Campaign staff reportedly used polling data unavailable to the public to trade on prediction markets, including Polymarket and PredictIt. An anonymous worker said the trades generated thousands of dollars in profit; Rep. Ritchie Torres plans to introduce legislation on campaign insiders’ trading, according to the report.

The reported activity raises compliance questions for prediction-market platforms and potential new rules for campaign staff.

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Regulation

Seth Moulton bars staff from trading on prediction markets

US Representative Seth Moulton said he is prohibiting all his staff, including those in his Massachusetts district office, from trading event contracts on political, legislative, regulatory or geopolitical outcomes, or using information learned in an official capacity. He said his staff had not been participating in prediction markets.

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