CFTC Fines Former White House Staffer Over Event Contract Insider Trading

The CFTC has fined former White House staffer Gabriel Perez $172,000 over alleged insider trading in event contracts, marking another regulatory action at the intersection of prediction markets and non-public information.
According to the agency’s settlement materials, the case involved trading connected to non-public information around event market outcomes. The action is important because it shows the CFTC is willing to treat event contracts as serious markets with enforceable integrity