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US Banks Warn Employees Against Trading on Prediction Markets

Major US banks have warned employees of potential job loss if they engage in prediction market trades related to finance and politics.

US Banks Warn Employees Against Trading on Prediction Markets

Major US banks have warned employees of potential job loss if they engage in prediction market trades related to finance and politics.

According to reports from Reuters and Bloomberg, Goldman Sachs, Morgan Stanley, JPMorgan Chase, and Bank of America are among the banks cautioning their staff. The warnings come amidst concerns over the potential risks and conflicts of interest associated with such trading activities.

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