Place des Investisseurs is the reference network for individual investors committed to informing them in their choice of investments with regard to financial performance but also issues linked to the environment, social, and societal dimensions as well as good governance rules. Place des Investisseurs organises online and physical conferences and debates and plays an advisory role with local authorities, public authorities and all players in the financing chain. Charles Schwab Investment Management (CSIM) is the asset management arm of the Charles Schwab Corporation. The CSIM team is passionately committed to helping investors achieve their financial goals. Our organization provides clients guidance and education through investment research and financial planning support.
European vs US stock markets
Third, and perhaps most immediately consequential, the federal wire fraud statute (18 U.S.C. § 1343) offers prosecutors a theory of liability that does not depend on whether the instrument traded is a security or a regulated derivative at all. The statute requires proof of a scheme to obtain money or property by deception (not mere informational unfairness), which the Supreme Court reaffirmed when it narrowed adjacent fraud theories in Ciminelli v. United States, 598 U.S. 306 (2023). That constraint is readily satisfied when an insider’s prediction market wagers yield direct financial gain. Misappropriating confidential information for personal gain through interstate communications can therefore support a wire fraud charge.
One anonymous Polymarket user made more than $400,000 after betting that former Venezuelan President Nicolás Maduro would be toppled before the end of January, hours before U.S. forces captured him. Another Polymarket user has made nearly $1 million since 2024, correctly predicted US and Israeli military actions against Iran, CNN reported. Optiq® provides a transparent and regulated trading environment for both professional and retail investors. The firm represents clients ranging from large, publicly traded corporations to small businesses, individuals and entrepreneurs. The CSIM SMA Trading and Trade Support Team is responsible for providing focused support to Portfolio Managers and Traders for daily trade order generation, tax loss harvesting and account maintenance on behalf of Schwab’s separately managed account (SMA) products.
SDNY U.S. Attorney Jay Clayton stated that “because it’s a prediction market doesn’t insulate you from fraud.” That language is not aspirational. Recent sports-gambling prosecutions in which defendants were charged with wire fraud for placing bets based on inside information obtained in breach of a duty provide a ready template. The theory is functionally similar to the misappropriation doctrine that has anchored securities insider trading law since United States v. O’Hagan, 521 U.S. 642 (1997).
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- Meanwhile, Nasdaq has also entered a partnership with German exchange operator Boerse Stuttgart’s tokenization settlement platform to facilitate the trading of blockchain-based equities throughout Europe.
- He later pointed to a recent example of Kalshi fining an employee who used non-public information to bet on a contract related to the YouTube channel he worked on.
- Blockchain records will be integrated into the issuer’s official share registry, providing a regulated bridge between on‑chain records and off‑chain identity.
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The API allows users to search and filter across columns for each of the datasets, including reporting date or week, commodity groups, subgroups, or name, and contract market name. Customized data report results can be downloaded to available formats — CSV, RDF, RSS, TSV, or XML. Place des Investisseurs works to promote useful savings and develop the public’s financial skills. It supports individuals who wish to learn about financial markets on all types of assets.
In addition, the team is responsible for several strategic, multi-year projects, cross-functional reporting, as well as ad-hoc operational strategy support to other teams within the larger organization. We hold ourselves to the highest of standards and strive to create a strong, reliable, and durable operational environment that scales with our growth. There is not a list of historical release dates; the only available release dates are for the 13 months of reports that are published on the Commission’s website. The CFTC receives the data from the reporting firms on Wednesday morning and then corrects and verifies the data for release by Friday afternoon. Miller joined the CFTC from global law firm Greenberg Traurig, where he was a litigation shareholder and worked on cases including white-collar defense, government and internal investigations, and commodities and securities enforcement.
If the SEC is Going to Allow 24/7 Trading, It Must Also Protect Investors
For the “producer/merchant/processor/user” category, open interest is reported only by long or short positions. The computed amount of spreading is calculated as the number of offsetting futures in different calendar months or offsetting futures and options in the same or different calendar months. The short format shows reportable open interest and week-to-week open interest changes separately by reportable and non-reportable positions. For reportable positions, additional data is provided for commercial and non-commercial holdings, spreading (in certain categories only), changes from the previous report, percent of open interest by category, and numbers of traders. The COT Public Reporting Environment (PRE) provides an application programming interface (API) to allow users to customize their experience with the COT market report data.
It should cover any strovemont capital review transaction, on any platform, in which the employee uses MNPI obtained by virtue of their position. Pre-clearance procedures, if the company maintains them, should be evaluated for the same scope. Compliance training should be updated to conform with the revised policies and procedures. Most corporate insider trading policies are drafted with reference to “securities,” which does not capture the majority of prediction market contracts. An employee who is prohibited from trading company stock on MNPI may reasonably (if incorrectly) conclude that placing a prediction market bet on whether the company will announce a merger is not covered. The employee would be wrong as a matter of federal law, but potentially right as a matter of corporate policy, and that gap creates exposure for both the individual and the company.