The CFTC, Prediction Markets and Event Contracts

prosecute trading violations as appropriate while noting that DCMs have an independent duty to monitor trading on their respective platforms.

Mar. 3, 2026

Chairman Selig gives a speech indicating that the CFTC would be moving forward with an advanced notice of proposed rulemaking on prediction markets in the near future. CFTC Staff Letter 26-08: DMO issues advisory to designated contract markets regarding the listing and trading of event contracts, including considerations specific to sports-related event contracts.

Mar. 12, 2026

91 FR 12516: The CFTC issues an advance notice of proposed rulemaking seeking public comment on event contracts traded on prediction markets.

Mar. 12, 2026

This update was authored by:*

Megha Kalbag Partner New York + 1 212 698 3870 mkalbag@dechert.com

Philip T. Hinkle Partner

Washington, D.C. +1 202 261 3460 philip.hinkle@dechert.com

Neel Maitra Partner

Dale C. Beggs Associate

Washington, D.C. +1 202 261 3445 neel.maitra@dechert.com

Washington, D.C. +1 202 261 3429 dale.beggs@dechert.com

Jillian Ran Associate New York +1 212 641 5690 jillian.ran@dechert.com

* The authors would like to thank Steve Engel and David Bartels for their contributions to this OnPoint.

March 2026 / Page 4

Powered by