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CFTC Warns Prediction Markets to Reel in Risky ‘Mention’ Bets

Prediction market wagers involving bets on what high-profile people might say in public present heightened manipulation risk and can only be offered in limited circumstances, Commodity Futures Trading Commission staff warned in new guidance.

This article was originally published by Bloomberg Markets and is republished here under license.

Prediction market wagers involving bets on what high-profile people might say in public present heightened manipulation risk and can only be offered in limited circumstances, Commodity Futures Trading Commission staff warned in new guidance.

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