Gov. Hobbs Bans State Employees From Insider Trading on Prediction Markets
10 Articles
10 Articles
Hobbs Orders Arizona Executive Employees to Avoid Using Nonpublic Information for Prediction Markets
Arizona Gov. Katie Hobbs has signed an executive order prohibiting executive branch employees from using confidential government information to profit from prediction markets, expanding the state’s ethics rules to address a growing form of online financial speculation. Executive Order 2026-02 prohibits state executive branch employees from using or disclosing nonpublic information obtained through… Source
Hobbs bars Arizona state employees from using government info to bet on prediction markets
The Commodity Futures Trading Commission sued Arizona on April 2, 2026, alleging the state is violating federal law by trying to regulate Kalshi and other online prediction markets. (Photo by Jim Small/Arizona Mirror)Gov. Katie Hobbs issued an executive order Thursday prohibiting state employees from using nonpublic government information to make bets on prediction markets in light of revelations that classified military information has been use…
Hobbs bans insider betting for Arizona executive branch employees
By Reagan Priest | State Affairs Gov. Katie Hobbs is banning executive branch employees from using insider information obtained from their jobs to place bets on prediction markets in an executive order signed today. “All Arizona State executive branch employees are strictly prohibited from disclosing or using any nonpublic information obtained due to their public service to personally profit from, avoid loss from, or assist another person or ent…
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