Lydia Beyoud

US Securities and Exchange Commission member Hester Peirce is set to depart the agency and join Regent University School of Law as an associate professor in November, according to a statement from the Virginia school.

SEC's Hester Peirce, known as Crypto Mom, will join Regent University School of Law as associate professor in November

The House Oversight Committee is investigating how customers of Kalshi and Polymarket could be using non-public information to engage in insider trading, escalating concerns about prediction markets after some suspiciously well timed trades.

(Bloomberg) -- The House Oversight Committee is investigating how customers of Kalshi and Polymarket could be using non-public information to engage

Prediction markets, where users can place bets on real-world outcomes in anything from sports and award shows to elections, interest rate decisions, and even military operations, have become a multi-billion-dollar industry in just a few years. Along the way, they have also become the focus of growing concern that some participants are using privileged information to profit.

Prediction markets, where users can place bets on real-world outcomes in anything from sports and award shows to elections, interest rate decisions, and even military operations, have become a multi-billion-dollar industry in just a few years. Along the way, they have also become the focus of growing concern that some participants are using privileged information to profit.

The White House is reviewing an early-stage move from the Securities and Exchange Commission and the Commodity Futures Trading Commission to revisit reporting requirements for both swaps and security-based swaps, as the two market regulators continue their effort to better coordinate.

George Santos has emerged as the latest flashpoint in the controversy over possible insider trading on prediction markets, as concerns become increasingly widespread about potential illicit bets on the platforms.

George Santos has emerged as the latest flashpoint in the controversy over possible insider trading on prediction markets, as concerns become increasingly widespread about potential illicit bets on the platforms.

(Bloomberg) -- George Santos has emerged as the latest flashpoint in the controversy over possible insider trading on prediction markets, as concerns become increasingly widespread about potential illicit bets on the platforms.