TechFlow News, May 10: According to FOX reporter Charles Gasparino, the U.S. Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) have now aligned their regulatory boundaries concerning prediction markets and recent anomalous trading linked to the Iran conflict. Gasparino noted that although many assume this domain falls solely under CFTC jurisdiction, the SEC will become deeply involved when prediction contracts are legally defined as “securities.” He also revealed that, beyond the cases already publicly announced, regulators may initiate additional enforcement actions targeting prediction markets in the future.
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