CFTC Warns Prediction Markets over Mention Contracts

CFTC Staff Say Prediction Market 'Mention' Bets Face a Presumption of Manipulation

A new advisory tells exchanges that contracts on what a named person says or does must clear a higher bar, after the agency settled cases with a White House teleprompter operator and George Santos.

CFTC warns prediction markets over mention contracts

CFTC warns mention markets tied to individual speech or conduct carry heightened manipulation risks and require stronger exchange safeguards.

CFTC Warns Prediction Markets Over Manipulation Risk

The CFTC warned Tuesday that prediction contracts tied to what people say or do carry heightened manipulation risks and can only be listed in limited circumstances.

U.S. regulator warns about cheating risks in 'mention markets' on prediction platforms

The Commodity Futures Trading Commission issued a new advisory to flag the unique dangers of markets based on individuals' behavior.

CFTC Warns Prediction Markets to Reel in Risky ‘Mention’ Bets

Prediction market wagers involving bets on what high-profile people might say in public present heightened manipulation risk and can only be offered in limited circumstances, Commodity Futures Trading Commission staff warned in new guidance.

CFTC says prediction markets' 'mentions' contracts present a higher risk of manipulation

The announcement comes after reports in August that the agency was conducting an internal review into the event contract type.