NFL Sounds Alarm on ‘Objectionable’ Prediction Markets

The NFL argued that the CFTC’s prediction-market rule proposal still falls “significantly short” in addressing risks around integrity, consumer protection, and market manipulation.

The deadline for the latest prediction-market rulemaking comment period was Monday evening, and when the clock struck midnight there were only 130 total comments submitted with thoughts on the CFTC’s rule proposal from June. Hundreds of additional comments appeared on the docket Tuesday morning, putting the total at 736. That’s still fewer than the 1,541 submissions from the prior 45-day period, which opened after the federal regulator

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