CFTC Proposes New Rules for Booming Prediction Markets

The CFTC has proposed its first framework for regulating prediction markets. Here’s what it means for sports, elections, and beyond. The U.S. Commodity Futures Trading Commission has taken its first major step toward regulating prediction markets. The agency officially proposed a new framework on Wednesday to evaluate which event contracts are legal.  CFTC Chairman Michael … Continue reading CFTC Proposes New Rules for Booming Prediction Markets