Prediction Market Trading Listed by Apple as Prohibited for Employees, Ban on Betting with Confidential Information

Apple has submitted its annual filing to the U.S. SEC, updating its insider trading policy and separately classifying prediction market trading as a prohibited activity. Employees may not use Apple confidential information obtained through their work to place bets or trade on prediction market platforms such as Polymarket; even if such conduct does not constitute insider trading or securities trading under applicable law, it still violates company policy. The restrictions cover market activities predicting events related to Apple and other companies, suppliers, manufacturers, sellers, customers, and business partners, and employees are also prohibited from disclosing relevant confidential information to individuals who may engage in such trading.