CFTC outlines prediction market roadmap amid scrutiny of contract self-certification
By SectorWire desk ·
Summary
CFTC chair Michael Selig presented a prediction market regulatory roadmap on Thursday. Industry executives debated manipulation risks, consumer safeguards and the scope of event contract self-certification, with some questioning whether certain contracts should be available.
Why it matters
The regulatory roadmap puts manipulation risks, consumer safeguards and event contract self-certification under industry scrutiny.