Financial institutions such as Goldman Sachs have introduced policies banning employees from participating in financial and political prediction market trading.

TechFlow news, July 10, according to CNBC, with the rapid rise of prediction markets, insider trading risks have drawn significant attention from regulators and companies. Goldman Sachs has explicitly prohibited employees from trading contracts involving the bank's own events, elections, financial markets, macroeconomic data, and geopolitical matters; Morgan Stanley has incorporated prediction market trading rules into its employee code of conduct; Bank of America is also updating internal policies to clarify prohibited employee actions.

Previously, in May of this year, the U.S. Commodity Futures Trading Commission (CFTC) and the Department of Justice filed a lawsuit against Google employee Michele Spagnuolo, accusing him of using non-public inside information to trade on Polymarket, profiting approximately $1.2 million. This became the first insider trading case in prediction markets involving a private company. Legal experts point out that the CFTC's enforcement in this area is still a "blank canvas" with unclear regulatory rules, advising companies to proactively update insider trading policies, explicitly include prediction markets within the scope of regulations, and provide specialized training to employees to avoid potential legal liabilities.