Goldman Sachs prohibits employees from wagering on elections and financial markets

According to a memo obtained by the Financial Times, Goldman Sachs has restricted staff from participating in prediction markets to gamble on election outcomes, financial trends, interest rates, and macroeconomic data. The firm continues to allow betting on sports and entertainment events. Workers who break these policies risk losing any profits made from such wagers, and those who commit repeated violations could be fired.

by shortkt.com
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Goldman Sachs prohibits employees from wagering on elections and financial markets | ShortKT