[California Governor Signs Executive Order Prohibiting Insider Trading in Prediction Markets] Deep Tide TechFlow reports that on March 28, California Governor Gavin Newsom signed an executive order prohibiting government-appointed officials from using non-public information obtained during their official duties for insider trading in prediction markets for profit. The ban also extends to their spouses, family members, and former business partners. The executive order explicitly states that public officials appointed by the governor are prohibited from using 'confidential or non-public information' to place bets on political or economic events related to their duties. Newsom emphasized that public service should not be a tool for profit and stressed the importance of drawing clear boundaries between power and personal interests.