Back

White House to Review CFTC’s Proposed Prediction Market Measures

The White House will assess the CFTC’s new proposal aimed at regulating prediction markets, highlighting potential impacts on market structure and investor protection.

Summary

The White House will review a new proposal from the U.S. Commodity Futures Trading Commission (CFTC) regarding prediction markets. This review highlights the federal government's focus on assessing the regulatory framework for markets that speculate on the outcomes of future events.

Terms & Concepts
  • CFTC (Commodity Futures Trading Commission): The U.S. government agency that regulates derivatives markets, including futures, options, and swaps.
  • Prediction Market: A platform where participants trade contracts based on the outcomes of future events, often used to forecast probabilities.