Tuesday, 14 July, 2026
Banned Bets: Goldman Sachs Blocks Staff from Boom in Prediction Markets
By TechShots Studio
Goldman Sachs has updated its trading policy to strictly ban employees from betting on prediction platforms like Kalshi and Polymarket. The ban targets event contracts tied to specific companies, elections, macroeconomics, or financial markets due to insider trading risks. Violators face account closure or termination, while sports betting and entertainment wagers remain permitted.
Read full story at TIMES OF INDIA