POGO urges US Senate to widen military prediction market trading restrictions
By SectorWire desk · · Updated
Summary
The Project On Government Oversight urged Senate Armed Services Committee leaders to strengthen prediction market provisions in the fiscal year 2027 National Defense Authorization Act. Its 29 September letter sought a trading ban covering all Department of Defense personnel, public financial disclosures and explicit penalties. POGO argued that the draft leaves enforcement gaps.
Why it matters
POGO’s requested trading ban, financial disclosures and explicit penalties would strengthen prediction market restrictions for Department of Defense personnel.