TechFlow News: On March 12, according to the official website of the Commodity Futures Trading Commission (CFTC), the CFTC’s Division of Market Oversight issued an advisory on prediction markets, providing guidance on the listing and trading of event contracts. Given the recent rapid emergence of prediction markets, the Division encourages market innovation and development while reminding Designated Contract Markets (DCMs) to strictly comply with the Commodity Exchange Act (CEA) and related regulations—including Section 5(d) of the CEA, Core Principle 3 of Regulation Part 38, and the guidance in Appendix C. The advisory also provides specific clarification regarding the unique characteristics of sports-related event contracts and requires DCMs—acting as frontline regulators—to proactively implement measures ensuring compliant market development.
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