Tag: event_contracts
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CFTC Charges Google Employee with Insider Trading
The CFTC has filed a complaint against Google employee Michele Spagnuolo for alleged insider trading. Spagnuolo, based in Switzerland, is accused of using nonpublic information about Google's 2025 Year in Search list to trade on Polymarket.com.
Law EnforcementBusinessPolitics and GovernmentLegalFinancial MarketsFederal GovernmentComputers and Internet CFTCGoogleMichele SpagnuoloInsider TradingPolymarket.comSwitzerlandEvent Contracts
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CFTC Staff Issues No-Action Letter on Data Reporting for Event Contracts
The CFTC's Divisions of Market Oversight and Clearing and Risk have issued a no-action letter regarding swap data reporting and recordkeeping for event contracts, providing regulatory clarity for market participants.
Politics and GovernmentBusinessLaw EnforcementFederal GovernmentEconomyFinancial MarketsLegal CFTCEvent ContractsData ReportingNo-Action LetterSwap DataRegulatory ClarityFinancial Regulation