CFTC Releases Guidance On Prediction Market Contracts
The U.S. Commodity Futures Trading Commission has issued new guidance addressing the rapid expansion of prediction markets and the trading of event-based contracts. The agency’s Division of Market Oversight published a staff advisory that clarifies expectations for exchanges registered as designated contract markets (DCMs) when listing and supervising these instruments. Regulatory Expectations For Exchanges Authorities released the advisory as interest in prediction markets continues to grow. Event contracts allow traders to buy and sell positions based on whether a specific […] The post CFTC Releases Guidance On Prediction Market Contracts appeared first on World Casino News.
The U.S. Commodity Futures Trading Commission has issued new guidance addressing the rapid expansion of prediction markets and the trading of event-based contracts. The agency’s Division of Market Oversight published a staff advisory that clarifies expectations for exchanges registered as designated contract markets (DCMs) when listing and supervising these instruments. Regulatory Expectations For Exchanges Authorities released the advisory as interest in prediction markets continues to grow. Event contracts allow traders to buy and sell positions based on whether a specific […]
The post CFTC Releases Guidance On Prediction Market Contracts appeared first on World Casino News.
