Prediction Markets
Details
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- Title
- Prediction Markets
- Posted
- Mar 16, 2026
- Comment period
- Mar 16, 2026 – May 1, 2026
- FR Doc
- 2026-05105
Overview
What the public is saying — stance, who's commenting, and the issues they raise.
Stance breakdown
Who commented
Breakdown by commenter type.
Comments over time
Weekly arrivals, stacked by stance.
Support × commenter type
How each type splits across stance.
Issues raised
The docket's canonical issues. Select one to browse its comments.
Position map
Who stands where on each issue?
Every non-silent position is backed by an excerpt from the comment.
Issues shown
Uncheck an issue to choose another.
| Organization | Gambling regulation | Jurisdiction over prediction markets | Tribal consultation | Market integrity and insider trading | Sports integrity and athlete protection |
|---|---|---|---|---|---|
American Gas Association Trade associationSupport The American Gas Association (AGA) supports the CFTC's efforts to regulate prediction markets, specifically advocating f | · | · | · | · | |
Americans for Financial Reform Education Fund; Demand Progress Education Fund; Public Citizen AdvocacyOppose A coalition of civil society organizations, including Public Citizen, opposes the CFTC's rulemaking on prediction market | · | · | · | · | |
Arizona Indian Gaming Association Trade associationSupport The Arizona Indian Gaming Association (AIGA) supports the proposed action of defining "gaming" to include sports-event c | · | · | · | · | |
Backpack Exchange BusinessSupport Backpack Exchange, a global crypto exchange, supports the CFTC's efforts to develop a regulatory framework for predictio | · | · | · | · | |
Bay Mills Indian Community AdvocacyOppose The Bay Mills Indian Community opposes the proposed rulemaking because it threatens their sovereign regulatory authority | · | · | · | · | |
California Nations Indian Gaming Association (CNIGA) Trade associationOppose The California Nations Indian Gaming Association (CNIGA) opposes the proposed rulemaking, arguing that prediction market | · | · | · | ||
Casino Association of New Jersey (CANJ) Trade associationSupport The Casino Association of New Jersey (CANJ) supports the Commission's current prohibition on gaming contracts under Rule | · | · | · | · | |
Cboe Global Markets, Inc. BusinessSupport Cboe Global Markets, Inc. | · | · | · | · | |
Cherokee Nation GovernmentSupport The Cherokee Nation, a federally-recognized Indian tribe, submitted comments regarding the definition of "gaming" in the | · | · | · | · | |
Chickasaw Nation GovernmentSupport The Chickasaw Nation, a federally recognized Tribal nation, supports the proposed action to define "gaming" and implemen | · | · | · | · | |
Choctaw Nation of Oklahoma GovernmentOppose The Choctaw Nation of Oklahoma opposes the proposed rulemaking, arguing that prediction markets offering sports-related | · | · | · | · | |
City of Detroit GovernmentSupport The City of Detroit is urging the CFTC to regulate prediction markets by reaffirming that sports event contracts constit | · | · | · | · | |
CME Group Inc. BusinessSupport CME Group Inc. | · | · | · | · | |
Coinbase BusinessSupport Coinbase, a registered Designated Contract Market (DCM), supports the CFTC's oversight of prediction markets and argues | · | · | · | · | |
Colorado River Indian Tribes AdvocacyOppose The Colorado River Indian Tribes opposes the proposed rulemaking on prediction markets, arguing that sports-related even | · | · | · | ||
Confederated Tribes of the Grand Ronde Community of Oregon GovernmentOppose The Confederated Tribes of the Grand Ronde Community of Oregon opposes the classification of sports betting as event con | · | · | · | · | |
Consumer Action for a Strong Economy AdvocacyOppose Consumer Action for a Strong Economy (CASE) opposes the inclusion of sports-based prediction markets under the CFTC's ju | · | · | · | ||
Cowlitz Indian Tribe GovernmentOppose The Cowlitz Indian Tribe opposes the proposed rulemaking that would allow prediction markets to offer sports event contr | · | · | · | · | |
Crypto Council for Innovation Trade associationSupport The Crypto Council for Innovation (CCI) supports the CFTC's move toward a federal framework for prediction markets, advo | · | · | · | ||
De Silva Law Offices, LLC BusinessSupport De Silva Law Offices, LLC argues that the current self-regulatory framework for prediction markets is structurally inade | · | · | · | · | |
Delaware North BusinessOppose Delaware North, a large gaming company, opposes the expansion of prediction markets, arguing that they function as unreg | · | · | · | · | |
Democracy Defenders Fund AdvocacySupport The Democracy Defenders Fund (DDF) supports the CFTC's authority to regulate prediction markets and urges the commission | · | · | · | · | |
Dragonfly Digital Management, LLC BusinessSupport Dragonfly Digital Management, LLC, a global investment firm, supports the development of a risk-based federal framework | · | · | · | · | |
Elk Valley Rancheria GovernmentSupport The Elk Valley Rancheria, a federally recognized Indian tribe, argues that sports-event contracts are "gaming" and shoul | · | · | · | · | |
Federated Indians of Graton Rancheria GovernmentSupport The Federated Indians of Graton Rancheria, a federally recognized Indian tribe, argues that the CFTC should not engage i | · | · | · | ||
First Strike Research BusinessSupport First Strike Research supports the proposed rulemaking but argues that the current ANPRM is insufficient to address spec | · | · | · | · | · |
Fond du Lac Band of Lake Superior Chippewa GovernmentOppose The Fond du Lac Band of Lake Superior Chippewa, a federally recognized Indian tribe, opposes the expansion of prediction | · | · | · | · | |
Gila River Indian Community GovernmentSupport Governor Stephen R. | · | · | · | · | |
Hivemind Capital Partners LLC BusinessSupport Hivemind Capital Partners LLC, a global investment group, supports the CFTC's rulemaking process to establish a clear, t | · | · | · | · | |
ICE, Inc. BusinessSupport Intercontinental Exchange, Inc. | · | · | · | · | · |
Intercontinental Exchange Inc. BusinessSupport Intercontinental Exchange, Inc. | · | · | · | · | · |
Kickapoo Tribe of Oklahoma GovernmentOppose The Kickapoo Tribe of Oklahoma opposes the proposed rulemaking on prediction markets, arguing that sports-related event | · | · | · | · | |
Lac Courte Oreilles Band of Lake Superior Chippewa Indians GovernmentOppose The Lac Courte Oreilles Band of Lake Superior Chippewa Indians opposes the CFTC drafting regulations that would authoriz | · | · | · | · | |
Lac Courte Oreilles Band of Lake Superior Chippewa Indians of Wisconsin GovernmentOppose The Lac Courte Oreilles Band of Lake Superior Chippewa Indians of Wisconsin opposes the CFTC's proposal to authorize the | · | · | · | · | |
Laguna Development Corporation BusinessOppose Maxine Velasquez of Laguna Development Corporation, representing a corporation owned by the Pueblo of Laguna, opposes th | · | · | · | · | |
Levr Labs Inc. BusinessSupport Levr Labs Inc., a technology company developing an on-chain prediction market, supports the Commission's engagement with | · | · | · | · | |
Lexicon Labs BusinessSupport Lexicon Labs argues that the CFTC has exclusive jurisdiction over sports event contracts as "excluded commodities" and t | · | · | · | · | |
Lincoln Policy Group AdvocacySupport Blanche L. | · | · | · | · | |
Little River Band of Ottawa Indians GovernmentSupport The Little River Band of Ottawa Indians, a federally recognized tribe, argues that the CFTC lacks the authority to regul | · | · | · | · | |
Little Traverse Bay Bands of Odawa Indians GovernmentOppose The Little Traverse Bay Bands of Odawa Indians, a federally recognized tribe, opposes the inclusion of sports-based pred | · | · | · | · | |
local hardware store BusinessSupport Jeromy Ferguson, a local hardware store owner, supports the regulation of prediction markets rather than their prohibiti | · | · | |||
Lytton Rancheria of California GovernmentOppose The Lytton Rancheria of California, a federally recognized Indian tribe, opposes the CFTC's proposed rulemaking on predi | · | · | · | · | |
Mad River Glen Capital BusinessSupport William McLaughlin, a Vice President at Mad River Glen Capital, supports creating a streamlined regulatory pathway for n | · | · | · | · | · |
Mashantucket Pequot Tribal Nation GovernmentOppose The Mashantucket Pequot Tribal Nation opposes the CFTC's consideration of event contracts on prediction markets, arguing | · | · | · | · | |
Match-E-Be-Nash-She-Wish Band of Pottawatomi GovernmentOppose The Match-E-Be-Nash-She-Wish Band of Pottawatomi opposes the proposed regulatory change that would allow the use of futu | · | · | · | ||
Mille Lacs Band of Ojibwe Indians GovernmentOppose The Mille Lacs Band of Ojibwe Indians opposes the proposed rulemaking, arguing that prediction markets offering sports-r | · | · | · | · | |
Missouri Gaming Commission GovernmentSupport The Missouri Gaming Commission argues that event contracts on sporting events are sports wagering and should be regulate | · | · | |||
Mohegan Tribe GovernmentOppose The Mohegan Tribe opposes the CFTC's proposed rulemaking on prediction markets, arguing that it infringes upon tribal so | · | · | · | · | |
More Perfect Union AdvocacySupport More Perfect Union is advocating for strong regulatory action against prediction markets, specifically calling for the p | · | · | · | ||
Multicoin Capital Management, LLC BusinessSupport Multicoin Capital Management, LLC supports the development of a federal regulatory framework for prediction markets, arg | · | · | · | · | |
Muscogee (Creek) Nation Office of Public Gaming and Muscogee Nation Gaming Enterprises GovernmentOppose The Muscogee (Creek) Nation Office of Public Gaming and Muscogee Nation Gaming Enterprises oppose the proposed rulemakin | · | · | · | ||
National Congress of American Indians AdvocacyOppose The National Congress of American Indians (NCAI) opposes the CFTC's Advance Notice of Proposed Rulemaking regarding even | · | · | · | · | |
National Thoroughbred Racing Association Trade associationSupport The National Thoroughbred Racing Association supports the proposed rule because it allows the Commission to prohibit eve | · | · | · | · | |
National Tribal Gaming Commissioners & Regulators (NTGCR) Trade associationOppose The National Tribal Gaming Commissioners & Regulators (NTGCR) opposes the proposed rulemaking, arguing that prediction m | · | · | · | · | |
NBA AdvocacySupport The NBA is advocating for robust and comprehensive regulations on sports prediction markets to protect the integrity of | · | · | · | · | |
NCAA AdvocacySupport Charlie Baker, President of the NCAA, is writing to urge the CFTC to implement robust regulatory safeguards for collegia | · | · | · | · | |
NIBA Trade associationSupport NIBA, a trade association for registered derivatives professionals, supports grounding the Commission's public interest | · | · | · | ||
North Fork Rancheria of Mono Indians of California GovernmentSupport The North Fork Rancheria of Mono Indians of California, a federally recognized Indian tribe, argues that the CFTC should | · | · | · | · | |
Ohkay Owingeh GovernmentOther Governor Ben Lujan of the Ohkay Owingeh tribe is requesting a ninety-day extension to submit comments on the proposed ru | · | · | · | · | |
Oklahoma Indian Gaming Association AdvocacyOppose The Oklahoma Indian Gaming Association (OIGA) opposes the CFTC's rulemaking on prediction markets, arguing that sports-r | · | · | · | · | |
Oneida Nation AdvocacyOppose The Oneida Nation, a federally recognized Indian tribe, opposes the CFTC's consideration of event contracts on predictio | · | · | · | · | |
Paragon Global Markets, LLC and Morton St. Trading Investments, LLC. BusinessSupport Alex Smith, Chief Legal Officer for Paragon Global Markets, LLC and Morton St. | · | · | · | · | |
Pechanga Band of Indians GovernmentOppose The Pechanga Band of Indians, a federally recognized Indian tribe, opposes the proposed rulemaking because it could allo | · | · | · | · | |
Penobscot Nation GovernmentOppose The Penobscot Nation, a federally-recognized tribal government, opposes the proposed rulemaking because it fails to reco | · | · | · | · | |
Performance Predictions II LLC BusinessSupport Performance Predictions II LLC (d/b/a PrizePicks) supports the CFTC's Advance Notice of Proposed Rulemaking regarding pr | · | · | · | · | |
PGA TOUR BusinessSupport Andy Levinson of the PGA TOUR supports the proposed rulemaking but advocates for specific, robust integrity safeguards. | · | · | · | · | |
Polymarket US BusinessSupport Polymarket US supports the CFTC's assertion of exclusive jurisdiction over prediction markets but argues against the cre | · | · | · | ||
Port Gamble S'Klallam Tribe GovernmentOppose The Port Gamble S'Klallam Tribe opposes the proposed rulemaking because it would allow the use of futures markets for sp | · | · | · | · | |
Powerhouse Prediction Ventures Inc BusinessSupport Dr. | · | · | · | ||
Prairie Band Potawatomi Tribal Gaming Commission GovernmentSupport The Prairie Band Potawatomi Tribal Gaming Commission is requesting an extension of time to comment on the proposed rulem | · | · | · | · | |
Prospective Event Contract Exchange — Abu Dhabi Global Market BusinessSupport Guiselle Sánchez Rangel, founder of a prospective event contract exchange in the Abu Dhabi Global Market, supports the C | · | · | · | · | |
Pueblo of Acoma GovernmentOppose The Pueblo of Acoma, a federally recognized Indian tribe, opposes the CFTC's rulemaking on prediction markets because it | · | · | · | · | |
Pueblo of Isleta GovernmentOppose The Governor of the Pueblo of Isleta opposes the CFTC's proposed rulemaking on prediction markets, arguing that "event c | · | · | · | · | |
Rincon Band of Luiseño Indians GovernmentOppose The Rincon Band of Luiseño Indians, a federally recognized Indian tribe, opposes the proposed rulemaking that would allo | · | · | · | · | |
Robinhood Derivatives, LLC BusinessSupport Robinhood Derivatives, LLC supports the Commission's efforts to develop a coherent regulatory approach for prediction ma | · | · | · | ||
Saint Regis Mohawk Tribe GovernmentOppose The Saint Regis Mohawk Tribe opposes the proposed framework for prediction markets, arguing that these "event contracts" | · | · | · | · | |
Seminole Nation of Oklahoma GovernmentOppose The Seminole Nation of Oklahoma opposes the proposed rulemaking, arguing that prediction markets offering sports-related | · | · | · | · | |
Seneca Cayuga Nation Office of the Gaming Commissioner GovernmentOther The Seneca Cayuga Nation Office of the Gaming Commissioner is requesting an extension of time to comment on the proposed | · | · | · | · | |
small hedge fund BusinessSupport Mitch Hull, a trader and owner of a small hedge fund, supports the regulation of prediction markets because they provide | · | · | · | · | |
Smarkets Limited BusinessSupport Smarkets Limited, a prediction market exchange operator, supports the Commission's move to bring event futures into a co | · | · | · | · | |
Solana Policy Institute AdvocacySupport The Solana Policy Institute supports the CFTC's move to seek comment on blockchain-based prediction markets, advocating | · | · | · | · | |
Spokane Tribe of Indians AdvocacyOppose The Spokane Tribe of Indians opposes the proposed rulemaking, arguing that prediction markets offering sports-related ev | · | · | · | · | |
Sports Fans Coalition, Inc. AdvocacySupport Sports Fans Coalition, Inc. | · | · | · | · | |
Stillaguamish Tribe of Indians AdvocacyOppose The Stillaguamish Tribe of Indians opposes the proposed rulemaking on prediction markets, arguing that sports-related ev | · | · | · | · | |
Stockbridge-Munsee Community GovernmentSupport The Stockbridge-Munsee Community, a federally recognized Indian tribe, argues that the CFTC must uphold its regulatory r | · | · | · | · | |
Suquamish Indian Tribe GovernmentSupport The Suquamish Indian Tribe opposes the characterization of sports-outcome event contracts as financial derivatives, argu | · | · | · | · | |
Swinomish Indian Tribal Community AdvocacyOppose The Swinomish Indian Tribal Community opposes the proposed action, arguing that prediction markets are essentially gambl | · | · | · | · | |
Tennessee Sports Wagering Council GovernmentOppose The Tennessee Sports Wagering Council (SWC) opposes the CFTC's position on prediction market sports event contracts, arg | · | · | · | · | |
The Digital Chamber ("TDC") Trade associationSupport The Digital Chamber (TDC), a digital asset and blockchain trade association, strongly supports the Commission's consider | · | · | · | · | |
Tohono O'odham Nation GovernmentOppose The Tohono O'odham Nation, a federally recognized tribe, opposes the CFTC's potential regulation of prediction markets f | · | · | · | · | |
Tölt Strategies LLC & Eventus Systems Inc BusinessSupport Eventus Systems Inc and Tölt Strategies LLC support the development of a standardized taxonomy and product specification | · | · | · | · | · |
Tonto Apache Tribe GovernmentOppose Calvin Johnson, Chairman of the Tonto Apache Tribe, opposes the proposed rulemaking because it would allow the use of fu | · | · | · | · | |
Topstep BusinessSupport Topstep, a Chicago-based organization and parent company to a registered introducing broker and proprietary trading firm | · | · | · | · | |
Underdog Sports Holdings, Inc. BusinessSupport Underdog Sports Holdings, Inc. | · | · | · | ||
United States Senate GovernmentSupport A group of United States Senators is requesting that the CFTC take stricter enforcement actions against insider trading | · | · | · | ||
Viohl & Associates BusinessSupport Owen Voutsinas-Klose, representing Viohl & Associates, supports the proportionate regulation of prediction markets. | · | · | |||
Vitruvitas BusinessSupport Vitruvitas, a company developing institutional market infrastructure, supports the proposed rulemaking by advocating for | · | · | · | · | |
Yuhaaviatam of San Manuel Nation GovernmentOppose The Yuhaaviatam of San Manuel Nation (San Manuel Band of Mission Indians) opposes the CFTC's Advance Notice of Proposed | · | · | · | · |
26 organization-typed comments could not be identified.
Explorer
Every mirrored comment — filter by stance, campaign, or issue.
- Jun 16, 2026Ken FitzpatrickSupportIndividual📎 Attachment
The commenter, a professional prediction market trader, argues that these markets provide valuable public-interest information, price discovery, and hedging capabilities that are superior to biased punditry or crude financial proxies. They advocate for a regulatory framework that addresses specific risks—such as manipulation, insider trading, and unclear rules—rather than imposing broad prohibitions or treating the markets as equivalent to house-banked gambling.
Read comment → - Jun 16, 2026First ResearchSupportBusiness📎 Attachment
First Strike Research supports the proposed rulemaking but argues that the current ANPRM is insufficient to address specific market integrity failures. They propose five specific remedies: establishing a dedicated prediction market-specific Self-Regulatory Organization (PM-SRO), prohibiting dual branding between registered and unregistered platforms, requiring algorithmic trading disclosures, enforcing uniform API and public data standards, and addressing specific recent market manipulation cases.
Read comment → - Jun 16, 2026Nicholas JagerSupportIndividual
Nicholas Jager, a professional prediction market trader, supports the Commission's rulemaking to establish federal oversight and clear compliance standards for event contracts. He argues that regulated prediction markets provide high-integrity data and public utility while protecting consumers from unregulated platforms.
Read comment → - Jun 16, 2026Sarah NomSupportIndividual
The commenter supports the Commission clarifying rules for prediction markets but argues that further rulemaking is necessary to ensure fairness. They specifically call for regulations that mandate equal access to API endpoints and information for all market participants to prevent advantages for institutional partners.
Read comment → - Jun 16, 2026Maurice BransfieldSupportBusiness📎 Attachment
Mick Bransfield of Kingston Chase Consulting, LLC, urges the CFTC to adopt rulemaking requiring prediction market DCMs to publish trade data in machine-readable formats and maintain at least 24 months of historical archives. He argues that current practices (like PDF-only publication) hinder academic research, regulatory oversight, and democratic accountability.
Read comment → - Apr 30, 2026Windrum GregorySupportIndividual
Windrum Gregory, a trader and investor, supports the development of well-regulated prediction markets, arguing they provide accurate information and valuable hedging tools. He urges the CFTC to provide proportionate regulation rather than broad restrictions, which he believes would drive activity to unregulated offshore platforms.
Read comment → - Apr 30, 2026Jake KaliSupportAcademic
Jake Kali, a student and academic interest, supports the development of well-regulated prediction markets. He argues that these markets provide valuable price discovery, data for research, and consumer protection when regulated by the CFTC, while warning that over-restriction could drive users to unregulated offshore platforms.
Read comment → - Apr 30, 2026Nicky MisquittaSupportIndividual
Nicky Misquitta, a student, supports the development of well-regulated prediction markets, arguing that they provide valuable data and insights for society. The commenter urges the CFTC to implement proportionate regulations that protect consumers and prevent fraud without imposing overly restrictive rules that could drive activity to unregulated offshore platforms.
Read comment → - Apr 30, 2026Anthony HerreraSupportIndividual
Anthony Herrera, a private citizen and prediction market trader, supports the development of well-regulated prediction markets. He argues that proportionate regulation is preferable to broad bans, as it ensures consumer protection while keeping trading activity on transparent, regulated platforms rather than offshore sites.
Read comment → - Apr 30, 2026John-Luke CerdaSupportIndividual
John-Luke Cerda, a student, supports the development of well-regulated prediction markets in the United States. He argues that the CFTC should implement proportionate regulations that protect consumers and prevent manipulation while avoiding overly restrictive rules that could drive activity to unregulated offshore platforms.
Read comment →
