PANews
PANews|Nov 04, 2026 01:48
[Apple Restricts Employee Participation in Prediction Markets: Prohibition of Betting Using Company Insider Information] According to IT Home, Apple has filed its annual report with the U.S. Securities and Exchange Commission (SEC), updating its insider trading policy and listing prediction market trading as a separate prohibited activity. Apple requires employees not to use confidential Apple information obtained during their work to place bets or trade on prediction market platforms such as Polymarket, even if such actions do not constitute insider trading or securities trading under applicable law; this still violates company policy. The new rule explicitly states that employees may not use confidential Apple information obtained during their work to participate in market activities predicting future events. This restriction applies to Apple itself and other companies, suppliers, manufacturers, retailers, customers, and business partners. Apple also prohibits employees from disclosing such confidential information to individuals who may be involved in such transactions.
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