“.. Gabriel Perez used ‘material, nonpublic information’ he obtained through his job to place ‘trades’ on a prediction market, the Commodity Futures Trading Commission said in a news release.”
What changed
@NBCNews
https://t.co/yuOLIlJwve https://t.co/tjUmECNMGj — via @CarlQuintanilla
Why it matters
CFTC enforcement links insider trading to prediction markets, a novel derivatives catalyst.