The U.S. House Committee on Oversight recommends limiting government personnel from participating in prediction market trading

Odaily Planet Daily News: The U.S. House Committee on Oversight and Government Reform has released a memorandum on insider trading in prediction markets, recommending legislative action to restrict federal government personnel, members of Congress, and their staff from participating in prediction market transactions. Proposed measures include a complete ban on trading or restrictions on contracts related to the government. The committee states it has obtained nearly 1,700 pages of documents and held briefings with five platforms; most insider trading incidents were detected and reported by the platforms themselves, with Polymarket and Kalshi continuously improving their monitoring mechanisms.