Apple has updated its insider trading policy to explicitly prohibit employees from using confidential information to trade on prediction markets. The change was filed as an exhibit to Apple's October 2026 Form 10-K with the SEC. The new clause, titled "No Trading in Prediction Markets Based on Confidential Information," warns employees against participating in platforms to wager or bet on future events when involving work-obtained confidential data.
The restriction applies not only to Apple-specific secrets but also extends to information regarding suppliers, manufacturers, vendors, customers, and carrier partners. Furthermore, employees are barred from sharing confidential information with others who may use it for such trades. The policy covers directors, officers, employees, contractors, consultants, and their family members who are financially dependent on them.
This update reflects Apple's commitment to preventing the misuse of insider information in the growing prediction market sector.
Source: MacRumors · Summarized by HeadlinesBriefing