The SEC's Enforcement Director: Actively Monitoring Insider Trading and Manipulation in Predictive Markets

Odaily Planet Daily News: David Woodcock, Director of Enforcement at the U.S. SEC, said in an interview that the SEC is closely monitoring fraud and securities violations in prediction markets, with insider trading and market manipulation being key concerns, and expects enforcement actions in this area in the future. He noted that prediction market trading linked to key performance indicators or financial report data of public companies may fall under SEC regulation. Currently, prediction markets such as Kalshi and Polymarket's U.S. operations are primarily regulated by the CFTC.