Science & Tech · Big Tech & Internet · 4 hrs ago
Apple bars staff from using confidential information in prediction markets
Apple has updated its insider trading policy to prohibit staff from using confidential information in prediction markets.
The rule applies to employees and contractors who learn information through their work at Apple.
Prediction markets let people bet on the outcomes of future events, including matters involving products and companies.
Apple says the ban covers information about Apple and its business partners, such as suppliers and customers.
Staff are also barred from sharing confidential information with others who might place bets.
The restriction applies even when the activity is not illegal under insider-trading or securities laws.
Apple’s updated policy appears in its fiscal 2026 annual filing with the US securities regulator.
Apple has updated its insider trading policy to explicitly bar employees from using confidential information in prediction markets.
The ban covers bets and other event contracts involving information about Apple or other companies obtained through work at Apple.
The policy also prohibits employees from tipping confidential information to people who may participate in such markets.
Apple says the restriction applies even when the activity does not qualify as insider trading or securities trading under applicable laws.
The updated policy was included in Apple’s fiscal 2026 Form 10-K, published after the company’s fiscal Q4 2026 earnings report.
- Who
- Apple employees.
- What
- The updated policy bars using work-related confidential information to trade or bet in prediction markets, and bars tipping that information to others.
- When
- Published on November 3, 2026, in Apple’s fiscal 2026 Form 10-K.
- Where
- In Apple’s insider trading policy, included in its Form 10-K filed with the SEC.
- Why
- Apple says the prohibition applies whether or not the activity qualifies as insider trading or securities trading under applicable laws.
This story does not have two clearly opposing sides.
Apple issued its fiscal Q4 2026 earnings report, according to 9to5Mac.
Apple published its fiscal 2026 Form 10-K, which included an updated insider trading policy.
- Publication date
- November 3, 2026
- Filing
- Apple fiscal 2026 Form 10-K
- Scope
- Information about Apple and other companies, including suppliers, manufacturers, vendors and customers
- Prohibited conduct
- Betting, trading, buying or selling event contracts using Apple Confidential Information
- Also prohibited
- Tipping confidential information to others who may participate in prediction markets
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What people are saying
This prohibition applies whether or not the activity constitutes insider trading or securities trading under applicable laws.