CFTC tightens oversight of prediction market self-certifications

AI Summary In a new advisory, the Commodity Futures Trading Commission’s Division of Market Oversight called on designated contract markets to comply with the required self-certification procedures for event contract series. The guidance cautions against the growing practice of submitting broad, generic filings that cover multiple unrelated event contracts. According to the DMO, such “boilerplate” submissions make... fulltext: 421 chars | fulltext source: rss-fallback | summary method: extractive Original: https://www.cryptopolitan.com/cftc-tightens-oversight-of-prediction-market/ Source: CryptoPolitan