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Hobbs Bans State Workers from Insider Trading on Prediction Markets

This week, embattled Governor Katie Hobbs signed an executive order prohibiting Arizona state executive branch employees from using nonpublic government information to profit on prediction markets. Hobbs' designated nonpublic information as confidential in the executive order. Recent media reports and federal indictments have revealed that government employees outside of Arizona have used nonpublic information to...

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Arizona Daily Independent broke the news in Glendale, United States on Thursday, July 16, 2026.
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