7d ago

CFTC Warns Prediction Markets to Reel in Risky ‘Mention’ Bets

Prediction market wagers involving bets on what high-profile people might say in public present heightened manipulation risk and can only be offered in limited circumstances, Commodity Futures Trading Commission staff warned in new guidance.

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CFTC Warns Prediction Markets to Reel in Risky ‘Mention’ Bets

rss:bloomberg-marketsus_mainstream7d ago kagi ↗

Prediction market wagers involving bets on what high-profile people might say in public present heightened manipulation risk and can only be offered in limited circumstances, Commodity Futures Trading Commission staff warned in new guidance.