CFTC Signs NHL Deal to Police Prediction Markets

▤ Summary

The CFTC signed a memorandum of understanding with the NHL to coordinate information-sharing and help protect professional hockey-related event contracts and prediction markets from insider trading, fraud, and other abuse. The agreement follows a similar deal with MLB and underscores the CFTC’s push to assert federal oversight over platforms like Kalshi and Polymarket amid state-level legal challenges. The move comes as Polymarket filed for a new combinatorial outcome contract, highlighting expanding product designs that raise harder monitoring and manipulation risks. The agency is pursuing this federal oversight strategy while operating with only one commissioner, raising questions about how policy will be set as the market evolves.

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