Merkley: Proposed CFTC Rule Falls Woefully Short of Reining in Insider Trading and Corruption on Prediction Markets
Washington, D.C. – Oregon’s U.S. Senator Jeff Merkley—who has led the charge to oppose insider trading and corruption on prediction markets—released the following statement after the Commodity Futures Trading Commission (CFTC) announced proposed rules on event contracts: “Unchecked corruption on prediction markets is a bad bet for democracy and undermines