Goldman Limits Prediction-Market Bets: Why Compliance Walls Are Coming for Event Trading
Goldman Sachs has banned prediction-market bets related to finance and politics, a move that hints at stricter oversight of event trading. This comes as the CFTC proposes event-contract reporting requirements and the SEC widens its regulatory scope.
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Goldman's policy bars bets on companies, elections, macro data and geopolitics — with clawbacks on gains above $200 — after the CFTC and DOJ charged a Google employee over $1.2 million in insider Polymarket wins.
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