Comment on CFTC-2026-1189, CFTC-2026-1189-0001, Stockbridge-Munsee Community
AnonymousOpposeGovernment
Summary: The Stockbridge-Munsee Community, a federally recognized Indian Tribe, opposes the proposed rulemaking because it threatens tribal sovereignty, violates the Indian Gaming Regulatory Act (IGRA), and lacks proper government-to-government consultation. They argue that the CFTC lacks the jurisdiction to regulate gambling and that the proposal would allow unlicensed operators to siphon revenue away from regulated tribal and state markets.
As outlined in the attached document, the Stockbridge-Munsee Community contends that the CFTC's proposed rulemaking regarding prediction markets and public interest determinations for events contracts involve gaming and therefore are inappropriate.