Goldman Sachs warns staff to avoid policy prediction markets or forfeit winnings

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Goldman Sachs has issued a warning to its employees against placing bets on restricted prediction markets. Staff are permitted to participate only in sports and entertainment-related betting activities. Employees who violate this policy risk losing all their winnings, with repeat offenders facing potential termination. The firm introduced these measures to reduce the risk of insider information misuse and compliance breaches. The move comes amid growing scrutiny of prediction markets following recent incidents involving suspected information leaks.

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