Prediction markets now offer contracts tied directly to public company events—including stock price movements, earnings call language, regulatory outcomes, corporate announcements, and management decisions. These contracts are typically structured as event-based instruments rather than traditional securities. But for public companies, the practical question is straightforward: If employees are prohibited from trading securities on inside information, can they still bet on it?
Alexander Guzy-Sprague
Alexander (Zander) Guzy-Sprague is an associate in the Litigation Department.
Zander has experience with matters related to privacy and cybersecurity, media and technology, administrative law and regulatory affairs. He also maintains an active pro bono practice with a focus on election law, reproductive rights and criminal justice.
Zander earned his J.D. from Georgetown University Law Center, where he served as a student attorney in the Georgetown Communications and Technology Law Clinic. In this role, he focused on addressing emerging challenges related to the rise of artificial intelligence in both the public and private sectors. During law school, Zander also interned in the General Counsel’s office of the United States Agency for Global Media.
Prior to law school, Zander worked in news media, academic publishing, and the wine industry in Walla Walla, Washington, where he graduated cum laude with a B.A. from Whitman College.