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Wall Street firms tighten limits on prediction market trading
Goldman Sachs is the latest bank to restrict how employees use prediction market platforms, according to the New York Times.
Wall Street firms are tightening internal rules on how employees can use prediction market platforms, with Goldman Sachs among the latest to impose limits, the New York Times reports.
The New York Times says the restrictions apply to how bank staff use the popular betting tools.
Goldman Sachs was cited as the most recent example of larger Wall Street efforts to manage participation in prediction markets.
The move highlights how financial institutions are responding to growing use of prediction platforms.
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