CFTC Reissues Warning to Prediction Markets on Self-Certifications
CFTC Reissues Warning to Prediction Markets on Self-Certifications
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The Commodity Futures Trading Commission (CFTC) has issued a second warning this year to prediction markets, instructing them to cease using overly broad and template-style self-certifications for events contracts.
For the second time this year, the regulator told prediction markets to stop issuing overly broad, template-style certifications of events contracts.