Lawmakers push another bill to curb prediction market insider trading

What: Lawmakers propose a new bill to prevent government officials from engaging in insider trading on prediction markets.
Why: The bill aims to maintain the integrity of prediction markets and prevent unfair advantages.
Signal: The proposed fines of up to double the amount of profits may serve as a deterrent for potential offenders.
Target: Government officials and individuals with access to sensitive information are the primary targets of the proposed legislation.
Risk: If passed, the bill could set a precedent for stricter regulations on insider trading in various financial markets.