Prediction markets are here. Is compliance ready?
Prediction markets are moving from the fringes of finance into the mainstream, attracting growing interest from institutions, regulators and retail participants alike. But as these platforms blur the lines between trading, gambling and financial markets, they also raise difficult questions around compliance, market integrity and regulatory oversight. As activity accelerates, firms must determine whether existing compliance frameworks are equipped for an entirely new category of risk.
We recently interviewed Steve Brown, head of business development at StarCompliance, to find out more about the evolving prediction markets space, and how compliance can keep up.
Based in Rockville, Maryland, StarCompliance is a leading provider of employee compliance technology solutions. Star offers what it calls a ‘future-ready’ compliance platform that delivers on-demand configurability, multi-jurisdictional integrity, and the actionable intelligence needed to monitor for conflicts, meet regulatory obligations and reduce risk.
During this interview, topics ranged from:
- What is driving growth in prediction markets
- Why prediction markets pose unique compliance challenges
- Monitoring employee activity challenges in prediction markets
- How to approach surveillance and monitoring without restricting participation
- The role of tech in identifying suspicious prediction market activity.
Watch the full video below.
