Goldman Sachs curtails employee participation in prediction market betting

Goldman Sachs announced a policy change affecting its workforce. The new rules restrict employees from placing bets on prediction markets. The move aims to reduce potential conflicts of interest. Compliance officers will monitor adherence to the restrictions. Employees who previously engaged in such betting must now cease activity. The bank cited regulatory pressure as a driving factor. The policy applies to all divisions across the firm. Analysts expect the change to influence internal risk culture.