CFTC chair proposes new prediction market rules at advisory committee meeting
By The Weekly Edge desk ·
Summary
CFTC chair Michael Selig proposed new prediction market rules at the agency’s first Innovation Advisory Committee meeting on Thursday, CDC Gaming reported. Selig also defended federal oversight against challenges concerning legality and self-certification limits.
Why it matters
Selig proposed prediction market rules while defending federal oversight against challenges concerning legality and self-certification limits.