Everyone Has an Idea for Regulating Prediction Markets

Sports leagues, cattle farmers, traditional exchanges, Kalshi and Polymarket make their case as the CFTC contemplates rules

Sponsored by U.S. Bank. Small enough to care, big enough to make a difference.

Since taking the helm of the CFTC, Mike Selig has repeatedly asserted the commodities regulator’s authority over prediction markets and promised to set “clear rules” for the burgeoning industry. But if the agency’s swollen public comment file is any indication, the undertaking…