SEC-CFTC roundtable leaves sports event contract questions unresolved
A joint SEC-CFTC roundtable this week did not resolve questions about sports event contracts offered by prediction markets, according to the report. Participants discussed regulatory coordination, while CME Group chief executive Terrence Duffy said CFTC self-certification does not constitute approval; Kalshi said it had listed 1,364 markets so far that year.
Unresolved treatment of sports contracts leaves prediction-market operators without clarity on the regulatory framework.