Apple Prohibits Employees from Using Company Confidential Information to Participate in Prediction Market Trading
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On November 4, 2026, Finance Magnates reported that Apple updated its insider trading policy, prohibiting employees from using confidential company information to bet on prediction markets or trade event contracts, even if the conduct does not constitute insider trading as defined by securities law. The ban applies to directors, executives, employees, contractors, consultants, and members of their households. The confidential information covered by the policy also includes information about suppliers, manufacturers, vendors, and cellular network operators that Apple has learned. Violators may be terminated, and equity awards may also be clawed back.
AI-written from reports · updated 43 minutes ago
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- Finance MagnatesApple bans employees from using confidential company information to trade on prediction markets
Apple has updated its insider trading policy to prohibit employees from using confidential company information to bet or trade event contracts on prediction markets, regardless of whether the conduct constitutes insider trading under securities law. The ban covers directors, executives, employees, contractors, consultants, and household members, and violations may result in termination and the recovery of equity awards. The information covered also includes information about suppliers, manufacturers, vendors, and wireless carriers that Apple learns of.
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