POLITICSApr 9 · 08:00 UTCBLOOMBERGTracy Alloway, Joe Weisenthal

Thomas Peterffy on IBKR's Plan to Professionalize Prediction Markets

Thomas Peterffy, CEO of Interactive Brokers, addressed a Senate Banking hearing discussing IBKR's plan to professionalize prediction markets. The hearing focused on regulatory actions following the May 6 market crash that caused a temporary $862 billion stock value loss.

Nexus surfaces and summarizes. The full story lives at the source.

Mentioned

Thomas PeterffypersonInteractive BrokersorganizationSenate Banking CommitteeorganizationJack ReedpersonCarl LevinpersonMay 6 plungetopic

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