On April 30, 2026, Public Citizen and Better Markets urged the CFTC to conduct rulemaking on prediction markets trading activity. “Betting on political events on the prediction markets has become highly profitable for a small handful of anonymous bettors,” said Public Citizen’s Craig Holman. This is further evidence of illegal insider trading on the prediction markets – an industry that the Commodity Futures Trading Commission has let operate like the Wild West.” “Instead of trading on the stock market, this was insider trading on the prediction markets,” Holman told Corporate Crime Reporter in an interview last week. I measured Congressional trading activity three years prior to the Stock Act and three years after the Stock Act.