And we're not trying to shut down the prediction market. I'm aware of the fact that this could be bigger than the Chicago Mercantile Exchange or the NASDAQ someday. But There are rules and regulations prohibiting insider trading on the NASDAQ and in the Chicago Mercantile Exchange. Right now, there are no rules on the prediction market. So we're trying to make sure that we have all the information we need to be able to proceed to put the guardrails on, to make sure that this isn't abused. (21:52–22:04)
CLAIM
Asserts that prediction markets currently have no rules against insider trading, unlike NASDAQ and the Chicago Mercantile Exchange.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
