# Existing ethics laws weren’t written with prediction markets in mind

Page: https://stenobird.com/podcast/the-federal-drive-with-terry-gerton-504783/existing-ethics-laws-weren-t-written-with-prediction-markets-in-mind
Text version: https://stenobird.com/podcast/the-federal-drive-with-terry-gerton-504783/existing-ethics-laws-weren-t-written-with-prediction-markets-in-mind.md
Podcast: [The Federal Drive with Terry Gerton](https://stenobird.com/podcast/the-federal-drive-with-terry-gerton-504783)
Published: 2026-05-26T11:00:00+00:00
Episode link: https://mgln.ai/e/345/rss.art19.com/episodes/6871b705-f08e-4f34-8f4b-38c7b03eae59.mp3?rss_browser=BAhJIg90cmFuc2NyaWJyBjoGRVQ%3D--952c5701c84ad333c69d5faa668f8177091704f0
Audio file: https://mgln.ai/e/345/rss.art19.com/episodes/6871b705-f08e-4f34-8f4b-38c7b03eae59.mp3?rss_browser=BAhJIg90cmFuc2NyaWJyBjoGRVQ%3D--952c5701c84ad333c69d5faa668f8177091704f0
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Duration seconds: 776

## Resource

Political prediction markets allow traders to profit from future events tied to public decision‑making. But as oversight systems come under strain, POGO says that structure creates risks current ethics laws were not designed to address. Janice Luong, a policy analyst at the Project on Government Oversight, walks us through how those markets work and where guardrails fall short. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info .

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