US lawmakers ask CFTC and OGE for prediction-market insider-trading guidance
Senator Elizabeth Warren and 41 other lawmakers asked the CFTC and the US Office of Government Ethics to issue guidance on federal employees trading on prediction markets. Their 29 March letter seeks a staff briefing and responses by 13 April, and says existing law bars the use of non-public information for personal gain in such trades.
The lawmakers’ request puts federal employee trading and use of non-public information before the CFTC and Office of Government Ethics.