Charles Gasparino: FTC and SEC Strengthen Market Regulation Collaboration for Forecasting
According to FOX reporter Charles Gasparino, the CFTC and SEC are strengthening their collaboration on predicting market regulatory boundaries and have a consistent stance on abnormal trading investigations related to the Iran conflict. He stated that if the predictive contract is identified as a "security," the SEC will be deeply involved. In addition, regulatory agencies may take more enforcement actions against the prediction market.