Jason Hicks Featured on Webinar Exploring Regulatory Uncertainty Around Prediction Markets

Womble Bond Dickinson partner Jason Hicks was a panelist on a recent webinar with legal and compliance professionals discussing emerging issues related to prediction markets, including the federal-state jurisdictional divide and enforcement trends from the CFTC and DOJ.

“Navigating the Regulatory Uncertainty Around Prediction Markets”, hosted by Ethicsverse, examined the growing jurisdictional tensions surrounding prediction market regulation. As platforms like Kalshi and Polymarket expand, new questions arise regarding securities law, gambling law, and insider trading.

Key session takeaways included addressing how prediction markets work, why they have grown so quickly, and why they sit awkwardly between securities, commodities, and gambling regulation; how insider trading and MNPI frameworks apply — and where they fall short — when employees trade on event-based contract, and practical updates to insider trading policies, codes of conduct, outside activity disclosures, and gambling policies to address prediction market participation.

Jason was joined by Michael D. Mann (Partner, Sidley Austin LLP), Nick Gallo (Chief Servant & Co-CEO, Ethico), and Matt Kelly (CEO & Editor, Radical Compliance).

View the on-demand recording here (registration required).