On March 12, 2026, the Commodity Futures Trading Commission (“CFTC”) issued two significant pronouncements regarding prediction markets. First, the Commission’s Division of Market Oversight (“DMO”) issued a Staff Advisory providing guidance to Designated Contract Markets (“DCMs”) on the listing and trading of event contracts, with a particular focus on sports-related contracts (the “Advisory”). Second, the CFTC published an Advance Notice of Proposed Rulemaking (the “Proposal”) seeking public comment on a wide range of issues concerning the regulation of prediction markets, including the types of event contracts that may be prohibited as contrary to the public interest, applicable Core Principles, and other topics.
Click here to read the full Insight: "CFTC Issues Parallel Actions on Prediction Markets — Key Takeaways for Designated Contract Markets."