A zero-tolerance approach is in force in Scotland, which restricts players from staking money on any football matches anywhere in the world. The issue has dominated headlines this week after Rangers midfielder Ian Black was hit with an SFA charge involving 160 alleged breaches of rules on gambling stretching back more than seven years.
Wishart said: "I think in general footballers just need to be a bit more aware of the regulations that are in place at this moment. We'll certainly be writing to the SFA to ask for a review and I think it's important that we do it quite quickly and at this time.
"I think now is the time to make a real effort to review the rules in Scotland.
"We've got players who perhaps have put on an accumulator but technically they are breaching rules. Is it appropriate to deal with them in the same manner as somebody who has a serious problem? Is it working? Is it workable?
"What I mean by that is can the governing body actually police the rules?
"I think we have to have a proper review of the rules because it affects everybody in Scottish football."
Wishart has urged any players who may have gambling issues to come forward and seek help.
He said: "Any player that needs help should just come forward and speak to us and we'll pass them on to the relative confidential counsel service.
"From then on, it's between them and the counsellors."