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Apple Bans Betting on Prediction Markets With Insider Knowledge

Original: Apple's Insider Trading Policy Now Covers Prediction Markets Apple has added an explicit ban on using confidential infor

Apple has updated its insider trading policy to explicitly bar employees from using confidential company information to place bets on prediction markets, according to a filing with the U.S. Securities and Exchange Commission. The move reflects the rapid growth of platforms like Polymarket, where traders wager on real-world outcomes, and closes a loophole that existing insider trading rules did not clearly address. Commenters note Apple may be the first major company to formalize such a ban.

Why now: Prediction markets have surged in popularity, prompting companies to clarify whether trading on them with insider information is prohibited.

AppleU.S. Securities and Exchange CommissionPolymarket

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Evidence

• Apple's Insider Trading Policy Now Covers Prediction Markets Apple has added an explicit ban on using confidential information to bet on prediction markets to its insider trading policy, according to a filing with the U.S. Securities and Exchange Commission. The policy was… · techwire@gamefan.net · 2

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