Comment on U.S. Senators Vote to Ban Themselves from Trading on Prediction MarketsComments−delichon4moAll of the other markets are prediction markets too, in terms of opportunities to profit from inside knowledge. This is like vowing to quit smoking ... Marlboros.−lapetitejort4moWould Martha Stewart be sentenced to prison for lying to federal investigators regarding her "prediction" of the release timing of her next cookbook?−JuniperMesos4moMaybe, lots of things count as lying to federal investigators. I don't assume this is necessarily a just legal outcome though.
Comments
All of the other markets are prediction markets too, in terms of opportunities to profit from inside knowledge. This is like vowing to quit smoking ... Marlboros.
Would Martha Stewart be sentenced to prison for lying to federal investigators regarding her "prediction" of the release timing of her next cookbook?
Maybe, lots of things count as lying to federal investigators. I don't assume this is necessarily a just legal outcome though.