Prediction Markets; Public Interest Determinations

What it does

The Commodity Futures Trading Commission (Commission or CFTC) is proposing amendments to its rules concerning event contract derivatives. The markets for these event contracts are commonly referred to as "prediction markets." In particular, the Commission is proposing amendments to further specify the types of event contracts that may be subject to a determination that they are contrary to the public interest, such that they may not be listed for trading or accepted for clearing on or through a CFTC-registered entity, as provided in the Commodity Exchange Act (CEA). The proposed amendments set out factors the Commission would apply in that determination and conform the process by which the determination would be made to the CEA. The Commission also is proposing amendments to the procedure for the Commission's determination to enhance clarity and organization, as well as a definition of the term "gaming" and a rule regarding when event contracts "involve" an underlying activity.

The Commodity Futures Trading Commission's summary, as published in the Federal Register.

What it would change

1 part of Title 17 of the Code of Federal Regulations:

17 CFR 40

Before this

1 earlier Federal Register document under regulation identifier 3038-AF65 since Jan. 1, 2025.

• March 16, 2026 Advance notice of proposed rulemaking; request for comments. Prediction Markets

What happens next and when

Comments must be in writing and received by July 27, 2026.

The agency's dates, word for word.

Check it yourself

• The document in the Federal Register
• Docket CFTC-2026-1189 on Regulations.gov
• Title 17 on eCFR

The record as published

Source: the Federal Register (public domain). The document in the Federal Register