Gensler and CME challenge prediction markets as CFTC opposition grows
Regulation · SectorWire deskSource published
Summary
Former CFTC chair Gary Gensler and the Chicago Mercantile Exchange have joined growing opposition to prediction markets. Gensler, who chaired the CFTC from 2009 to 2014, filed an amicus brief supporting Ohio in its lawsuit with Kalshi on 11 June. The CME sued the CFTC on 18 June in DC federal court over perpetual futures.
Why it matters
The challenges question whether the CFTC should regulate sports event contracts and perpetual futures, affecting prediction market operators and their state lawsuits.
Cite as: SectorWire, “Gensler and CME challenge prediction markets as CFTC opposition grows”, 24 June 2026, https://sectorwire.news/item/gensler-and-cme-challenge-prediction-markets-as-cftc-opposition-grows/