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US CFTC says it has authority over prediction markets

( February 25, 2026, 21:47 GMT | Official Statement) -- MLex Summary: The US Commodity Futures Trading Commission issued an advisory saying that it has full authority to police illegal trading practices occurring on any designated contract markets, including prediction markets. The agency said DCMs have an independent duty to maintain audit trails, conduct surveillance, and enforce rules against prohibited practices.Statement follows in full:...

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