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Jamie Dimon says JPMorgan could do prediction markets — with big guardrails

Jamie Dimon says JPMorgan could one day enter the red-hot world of prediction markets — with tight boundaries. Loading audio narration… “It’s possible one day we’ll do something like that,” he said in an interview with CBS News on Tuesday, adding that JPMorgan is studying how prediction markets might work.Prediction markets like Kalshi and Polymarket, where traders wager on real-world events, are booming as platforms expand into areas like economics, geopolitics, and business outcomes. They…

Finance news

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A federal regulator said he’s coming for insider traders in prediction markets

Insider trading on prediction markets is illegal and could get perpetrators sued or land them in prison, the top enforcement lawyer at the Commodity Futures Trading Commission said Tuesday. Loading audio narration… David Miller, who was named earlier this year as the enforcement chief for the federal finance regulator, said…

Business

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Trump administration proposes allowing crypto, private equity in 401(k)s

The Trump administration on Monday issued a proposed rule to allow retirement plans to offer alternative assets like private equity and cryptocurrencies as part of the investment options in 401(k) accounts. The Labor Department’s rule aims to ease longstanding barriers to incorporating alternative assets into retirement plans and follows an executive…

Markets

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Investing

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