SectorWire
SearchGet the daily briefing
Menu

CFTC proposed rules for prediction markets draw compliance concerns

Regulation

Panelists at a session in Fort Lauderdale questioned the Commodity Futures Trading Commission’s proposed rules for prediction markets, according to the report. They raised concerns about young people’s exposure, responsible-gambling safeguards and the risk of market manipulation; one speaker said legal challenges from states and tribes could follow the comment period.

Operators and suppliers face unresolved questions about proposed oversight, marketing safeguards and potential legal challenges.

Connections

Request a correction

Keep reading

Deals & M&A

Prospect Markets agrees proposed US prediction-markets launch with OG Broker

Prospect Markets signed a letter of intent with Foris DAX FCM LLC, operating as OG Broker, for a proposed US sports-focused prediction market. The arrangement would involve North American Derivatives Exchange and a clearing relationship through OG Broker; definitive agreements and any required regulatory approvals remain outstanding. The parties are targeting a launch in Q3 2026, Prospect Markets said.

Continue reading