U.S. CFTC says it will "respect the opinions of various sports leagues," after the NFL previously called for increased regulation of prediction markets.

ZkProver · 2026-04-07T02:17:52+00:00

Chairman Michael Selig of the U.S. Commodity Futures Trading Commission stated that they will respect the opinions of various sports leagues when evaluating potentially manipulable prediction market contracts. The NFL has requested relevant platforms to cease offering easily manipulated contracts, and legislation is also exploring bills to ban such contracts, while Major League Baseball has chosen to collaborate with Polymarket.

ZkProver

2026-04-07 02:17:52

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ChainCatcher news, according to The Block: Michael Selig, chairman of the U.S. Commodity Futures Trading Commission, said that when assessing which prediction market contracts are vulnerable to manipulation, the agency will “to a large extent respect the input of the various sports leagues.”

Earlier, the National Football League (NFL) sent letters to prediction market platforms such as Kalshi and Polymarket, asking them to stop offering contracts that are prone to manipulation or can be determined in advance, including single-game event outcomes, drafts, injuries, and more—arguing that such contracts could encourage manipulation.

On the legislative front, lawmakers from both parties have introduced a bill aimed at banning sports-related contracts from being listed on prediction markets that fall under federal oversight, and multiple states have also challenged these platforms’ legality through legal means. Meanwhile, Major League Baseball has chosen a cooperative approach, partnering with Polymarket and signing an information-sharing agreement.

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