In the News
Online Prediction Market Traders Make Millions Betting on US Military Operations, 60 Minutes
May 17, 2026Partner Robert A. Schwartz is interviewed on 60 Minutes for a segment on concerns over insider trading tied to prediction markets. Rob, who previously spent 13 years at the CFTC as general counsel, discussed the emerging regulatory and enforcement challenges tied to these markets, and the potential misuse of nonpublic information.
“This is a new kind of insider trading,” Rob said.