CFTC Chief Advocates for Agency's Regulatory Supremacy in Prediction Markets Dispute
Commodity Futures Trading Commission Chairman Mike Selig emphasized that the agency will persist in defending its exclusive regulatory authority over prediction markets in court. Selig stated, 'Regardless of the subject matter, whether it's sports, politics, or otherwise, if the product is validly offered within a CFTC-regulated exchange, it falls under our jurisdiction.' The CFTC is currently en…