The CFTC is cracking down on the growing insider problem in prediction markets

On Mar. 12, the Commodity Futures Trading Commission (CFTC) issued a staff advisory telling exchanges to tighten surveillance on event contracts. Simultaneously, the regulator opened a 45-day rulemaki...

On Mar. 12, the Commodity Futures Trading Commission (CFTC) issued a staff advisory telling exchanges to tighten surveillance on event contracts. Simultaneously, the regulator opened a 45-day rulemaking process that asks pointed questions about inside information, manipulation, and whether some markets serve the public interest at all. Two weeks earlier, the agency had spotlighted two […] The post The CFTC is cracking down on the growing insider problem in prediction markets appeared first on CryptoSlate.