Nine U.S. House Democrats have asked the FTC (U.S. consumer protection regulator) to investigate whether prediction markets are portraying themselves inconsistently to regulators and the public. The lawmakers said platforms describe their services to regulators as financial investment tools, but market them to consumers in ways that resemble gambling platforms. Kevin Mullin and Gabe Vasquez requested a detailed response from the agency by June 29, highlighting growing scrutiny of how prediction markets position their products and the consumer protection issues that may follow.