CFTC Interim Final Rule excluding casino-style gambling products of state- and tribal-licensed operators from the definition of swapPrediction markets · Source, primary source
CFTC NPRM, Further Definition of "Swap" -- InclusionsPrediction markets · Source, primary source
Prediction markets: the CFTC’s proposal on affiliated market makersThe CFTC has proposed rules for exchanges whose own affiliate trades on them, and it names prediction markets as the place the question matters most. What the proposal would require, what one exchange’s rulebook says today, and how to comment by October 5, 2026.Apparently Law · Oct 2, 2026 · current to Oct 1, 2026Prediction markets
Where an instrument or a suit reaches processors, prediction markets
ConnecticutCease-and-desist letter: Connecticut Department of Consumer Protection (announced by the Governor): nine companies, not named in the release
MinnesotaFederal ruling: U.S. District Court for the District of Minnesota: Minnesota officials (Minn. Stat. § 609.7615 as amended by SF 3432). The court's filed order (Doc. 51), hosted by Courthouse News.
What the sources say, by model. Apparently checks what you are building against these records.
MPD will not recommend enforcement for failure to register as an IB or AP solely for the Covered Activities of a passive software provider (a front end for event contracts and other Commission-regulated derivatives), subject to ten conditions; a Division position, not binding on the Commission.
The PSP, its principals, and any individual engaged in soliciting Users as part of the Covered Activities are not subject to… (p. 4, condition 1)
The PSP provides, and each User acknowledges receipt of, disclosures regarding the PSP's relationship with the relevant… (p. 4, condition 2)
The PSP provides, and each User acknowledges receipt of, a risk disclosure statement addressing the risks covered by the risk… (p. 4, condition 3)
Users are onboarded as direct members (for DCMs) or customers (for registered FCMs and IBs), and they continue to have the… (p. 4, condition 4)
The PSP adopts and enforces policies and procedures reasonably designed to ensure compliance with applicable Commission and NFA… (pp. 4–5, condition 5)