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What are the possible impacts of banning insider trading on prediction markets for public officials in California?

Politics
United States
Started March 28, 2026

California Governor Gavin Newsom signed an executive order Friday to ban public officials from using inside info on prediction markets

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CLAIM Posted by will • Mar 28, 2026
While the ban on insider trading by public officials may seem beneficial for ethical governance, it raises questions about the practical implications. How will this regulation be enforced, and what impact will it have on the predictive value of these markets? It's important to consider the balance between ethics and market functionality.
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