Prediction markets are growing rapidly, bringing with them increasing legal and compliance risks for companies whose employees may have access to valuable nonpublic information.

In a recent episode of The Sidley Podcast, Sidley partners Sam Gandhi, Ian McGinley, and Matthew Podolsky discuss the expansion of prediction markets, recent insider trading allegations, and the potential enforcement implications for businesses and market participants. They also address practical steps companies can consider to mitigate the risk that employees misuse confidential information in prediction-market trading.

Read more and listen to the full episode.