Illinois Tightens Rules on Insider Trading, Targeting Prediction Markets
Illinois Governor JB Pritzker signed an executive order banning state employees from using insider information to make bets on prediction markets like Kalshi and Polymarket. The move aims to prevent misuse of confidential information in emerging financial platforms. The regulation applies specifically to state workers and does not impact the broader market directly.
Topics: Illinois regulations insider trading Kalshi Polymarket prediction markets