CNBC: Two US Senators Question Prediction Market Risks in Clinical Trials and Drug Approvals
According to a letter obtained by CNBC, U.S. Senators Angela Alsobrooks and Ron Wyden sent a letter to the Department of Health and Human Services (HHS) on Wednesday, inquiring about the measures the department has taken to mitigate the risks associated with prediction markets related to clinical trials and drug approvals. They also requested materials regarding staff participation in such markets and communications with platforms. The two lawmakers raised concerns over trial participants, research incentives, and potential insider trading risks. CNBC also disclosed that it has a commercial relationship with Kalshi, including a minority equity investment.
No AI analysis yet. Tap the "AI Analysis" button above to generate one now.
Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
24H Trending
-
1
RTHK: U.S. stocks closed lower on Tuesday, with the Dow down 0.3% and the Nasdaq down 0.7%.
-
2
CNBC: Colom leads by 2,607 votes in Mississippi Senate race, race uncalled
-
3
Financial Times: Anthropic's underwriting banks prepare to boost IPO valuation to at least $1.5 trillion
-
4
Al Jazeera: UKMTO receives report of incident involving oil tanker in Strait of Hormuz, details unclear
-
5
Hong Kong and mainland Chinese stocks opened lower, weighed down by higher-than-expected US inflation and escalating interest rate hike expectations.
-
6
Nikkei Stock Average flat at 60,451.02 as bank and pharma gains offset tech and machinery losses
-
7
Al Jazeera: Iran denies holding talks with the US
-
8
Hong Kong's Insurance Authority (IA) has prohibited Lim Ka Kit from engaging in insurance intermediary business for nine months.
-
9
Binance Announcement: bStocks to Support SanDisk (SNDK) 1-for-8 Stock Split
-
10
Musk retweeted that the US Federal Communications Commission has accepted SpaceX's application to acquire 800 MHz spectrum.
Markets Today
Recommended Reading


