The Commodity Futures Trading Commission announced it will hold a public roundtable in approximately 45 days, following the conclusion of its requests for information on certain sports-related event contracts, to build an administrative record that informs its approach to regulating and overseeing prediction markets. The agenda is expected to cover obstacles the CFTC has identified for balanced regulation, including existing orders issued to designated contract markets under CFTC Regulation 40.11 and related interpretations, prior rulemakings on event contracts, relevant federal court decisions and ongoing litigation positions, and arguments that sports- or game-based event contracts constitute prohibited “gaming” under the Commodity Exchange Act. Discussion will also span staff guidance and current practices, requirements affecting designated contract markets and futures commission merchants, examinations and enforcement activity, and broader constitutional and federalism issues and other federal laws applicable to sports betting. Additional topics include retail binary options fraud and customer protection, potential revisions to Parts 38 and 40 of CFTC regulations to address prediction markets, and other improvements intended to facilitate innovation. Further logistical details will be released once finalized. Members of the public may submit feedback, suggestions, and requests to participate as panelists by February 21, 2025.

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