Democrats Urge CFTC to Regulate Prediction Markets and Curb Insider Trading
A group of Democratic lawmakers has urged the Commodity Futures Trading Commission (CFTC) to regulate prediction markets and prevent insider trading. The CFTC is finalizing its prediction markets regulation, with a public comment period closing on Thursday. Prediction markets like Kalshi and Polymarket have gained popularity, prompting concerns over their integrity.
Topics: CFTC insider trading political events prediction markets regulation