CFTC Seeks Comment on Prediction Market Regulations

CFTC Press Releases

Published March 12th, 2026

Detected March 12th, 2026

Summary

The Commodity Futures Trading Commission (CFTC) has published an Advanced Notice of Proposed Rulemaking (ANPRM) to solicit public comment on potential new regulations for prediction markets. The ANPRM seeks input on how existing rules apply to event contracts and what types of contracts may be prohibited.

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What changed

The Commodity Futures Trading Commission (CFTC) has issued an Advanced Notice of Proposed Rulemaking (ANPRM) to gather public input on the regulation of prediction markets. This action initiates the process for potentially amending or creating new rules concerning event contracts traded on these platforms, aiming to ensure responsible innovation and assert the CFTC's exclusive jurisdiction under the Commodity Exchange Act. The ANPRM poses specific questions regarding statutory core principles, prohibited event contracts, and cost-benefit analyses.

Regulated entities and interested parties are encouraged to submit comments within 45 days of the ANPRM's publication in the Federal Register. The information gathered will inform the CFTC's future rulemaking decisions regarding prediction markets. While this is a consultation phase and no immediate compliance actions are required, the feedback provided will shape potential future regulatory obligations and could impact the types of prediction market contracts that are permissible.

What to do next

Review the CFTC's Advanced Notice of Proposed Rulemaking concerning prediction markets.
Submit comments to the CFTC within 45 days of publication in the Federal Register.
Assess potential impacts of new regulations on existing or planned prediction market activities.

Source document (simplified)

Release Number 9194-26

CFTC Seeks Public Comment on Advanced Notice of Proposed Rulemaking Relating to Prediction Markets

March 12, 2026

WASHINGTON — The Commodity Futures Trading Commission today published an Advanced Notice of Proposed Rulemaking seeking public comment on the need to amend or issue new regulations concerning event contracts traded on prediction markets.

“Today’s action is an important step in the Commission’s continued effort to promote responsible innovation in our derivatives markets,” said Chairman Michael S. Selig. “This begins the process of new rulemaking grounded in a rational and coherent interpretation of the Commodity Exchange Act, while reassuring the American people that the CFTC will exercise its exclusive jurisdiction over prediction markets.”

The ANPRM asks questions concerning the application of statutory core principles and Commission regulations to prediction markets, the types of event contracts that may be prohibited as contrary to the public interest, cost-benefit considerations related to prediction markets, and other topics. The Commission intends to use the information and comments received to inform potential future agency action, such as a rulemaking, with respect to prediction markets.

Comments must be in writing and received within 45 days of the ANPRM’s publication in the Federal Register. Comments may be submitted via the CFTC’s Public Comments Portal.

-CFTC-