Above Board: What Boards Need to Know About Prediction Markets
In this episode of Above Board, Morrison & Foerster partners Haima Marlier, Scott Lesmus, Trevor Levine (CFTC specialist) and Ryan Adams (SEC specialist) explain what prediction markets are, how they are regulated by the CFTC, and why board members should care about insider‑trading risks. They detail the market structure—designated contract markets and clearing organizations—and the full‑collateral requirement that protects participants. The discussion highlights recent CFTC enforcement focus on insider trading in prediction markets and the reputational and compliance risks for public companies whose employees might trade on non‑public information.
Above Board: Securities Litigation & Enforcement Outlook for 2026
In this episode of Above Board, Morrison & Foerster partners Jamie Levitt and Ryan Keats discuss the outlook for securities litigation in 2026, highlighting the continued impact of AI, the potential resurgence of IPO-related Section 11 actions, and the evolving debate...