New York S09825 prohibits state agency officers, legislators, and legislative employees from using official information in prediction markets and.
New York S09825 amends the public officers law to restrict officers or employees of a state agency, members of the legislature, or legislative employees from using information acquired in the course of their official duties in prediction markets and mobile sports wagering platforms. This includes platforms such as Polymarket, Kalshi, PredictIt, Iowa Electronic Market, Auger, Robinhood, FanDuel, and DraftKings. The bill aims to prevent the misuse of confidential information for personal gain.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.