California Governor Gavin Newsom signs executive order banning prediction market insider trading.
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Prediction Market Insider Trading Ban: California Governor Signs Landmark Ethics Order

California Governor Gavin Newsom enacted a sweeping executive order on March 27, 2026, directly prohibiting state political appointees and their close associates from using confidential government information to profit on prediction markets, marking a significant escalation in national efforts to curb political insider betting. California’s Executive Order on Prediction Market Insider Trading Governor Gavin Newsom’s […]