[SEC Enforcement Director: Closely Monitoring Insider Trading and Manipulation in Prediction Markets] According to Bloomberg, David Woodcock, the SEC's Enforcement Director, stated in an interview that the SEC is closely monitoring fraud and securities violations in prediction markets, with insider trading and market manipulation being key concerns. He anticipates future enforcement action in this area. He pointed out that prediction market transactions linked to key performance indicators or financial statements of listed companies may fall under the SEC's regulatory purview. Currently, prediction markets such as Kalshi and Polymarket's US operations are primarily regulated by the CFTC.