Democrats push Trump administration to tackle insider trading in booming prediction markets

Over 40 Democrats in the U.S. House and Senate signed a letter to top administration regulators and ethics officials on Monday asking for governmentwide training on insider trading in prediction markets.

The letter to the Commodity Futures Trading Commission and the Office of Government Ethics comes after weeks of increasing scrutiny regarding potential insider trading by government employees using prediction markets like Polymarket and Kalshi.

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