SectorWire
SearchGet the daily briefing
Menu

CFTC consultation draws proposals on prediction-market contracts and oversight

Regulation

The CFTC opened a consultation on prediction markets on 16 March, with comments due by 30 April, according to its public docket. Senators Jack Reed and John Hickenlooper urged restrictions on contracts tied to US military operations, while other submissions proposed accessible trading data and AI-focused oversight measures.

The submissions could inform CFTC rules affecting prediction-market contracts, data disclosures and trading controls.

Request a correction

Keep reading

Regulation

CFTC proposes US prediction-market rules with 45-day consultation

The CFTC published a proposed rule for prediction markets in the United States and opened a 45-day public consultation, according to the report. The proposal would not prohibit sports-event contracts but identifies markets including athlete injuries, officiating decisions and youth or school sports as potentially contrary to the public interest. Kalshi and Polymarket are among the platforms operating in the sector.

Continue reading