Citadel Securities urges SEC, not CFTC, oversight of prediction-market contracts tied to public companies
Citadel Securities is pressing regulators to place prediction-market contracts tied to publicly traded companies under SEC oversight rather than CFTC jurisdiction, arguing they are security-based swaps that risk market fragmentation and insider trading.
Detected & updated continuously · Source: Nebula
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@The_NewsCrypto
🚨 Citadel Securities is pushing for a regulatory shift The firm is urging regulators to place prediction market contracts tied to publicly traded companies under SEC oversight, rather than the CFTC Could this move reshape how prediction markets are regulated going forward? 👇 https://t.co/2Mc7qUAZFW
@CryptoNewsHntrs
CITADEL SAYS: BETS TIED TO PUBLIC COMPANIES SHOULD BE WATCHED BY THE SEC. NOT JUST THE FUTURES REGULATOR. THOSE BETS CAN AFFECT THE STOCK MARKET. KEEP THEM UNDER THE SAME RULES. https://t.co/7qM8AtSre1
@CoinliveHQ
🇺🇸 LATEST: Citadel Securities is pushing the SEC, not the CFTC, to oversee prediction-market contracts tied to public-company KPIs, calling them security-based swaps that risk market fragmentation and insider trading.