"If anything, it proves my argument: we need one clear federal standard, set by the regulator Congress actually picked - not fifty states and a dozen courts each drawing the line somewhere different."
@GivnerAriel makes the case in today's @rcmarkets op-ed on the Ninth Circuit's recent decision. Read more 👇
Worried about manipulation and insider trading in prediction markets?
@SeanPMaloney on @BloombergTV breaks down how our members protect market integrity:
☑️ Being based in the U.S. with strong federal oversight from the @CFTC
☑️ Market forces that make manipulation costly
☑️ Proactive surveillance, insider trading restrictions, and safeguards against trading on material nonpublic information
☑️ Working with law enforcement to investigate, refer, and prosecute misconduct
Trust in markets isn't automatic. It's built through strong rules, active enforcement, and accountability.
WATCH: @SeanPMaloney @BloombergTV on polls vs. markets.
Polls can be biased, expensive, and only capture a snapshot.
Markets move in real time.
That's why candidates on both sides of the aisle - and major news organizations - turn to prediction markets to see where expectations are shifting and stay ahead of the story.
One fake poll can make headlines, shape narratives, and throw an entire race into question.
With the midterms approaching, separating real signals from noise matters more than ever. As Brett M. Decker points out in @RealClearMarkets:
☑️ Polls capture voter sentiment. Markets measure what people are willing to put money behind.
☑️ Traders have a financial incentive to dig deeper, question shaky data, and challenge the consensus.
☑️ When misleading information distorts the odds, traders have an incentive to correct it.
Markets aren't perfect. But there's a big difference between having an opinion and putting money behind it.
Patchwork oversight or bans on U.S.-regulated prediction market platforms wouldn't help consumers or make activity disappear.
It would just force activity offshore, where protections are virtually nonexistent.
@HarryDCrane has done the research on this: Restrict access, and U.S. trading on offshore platforms could surge to $133 BILLION annually by 2030.
That’s bigger than America’s video game and recorded music industries combined.
More in @CoinDesk 👇
“We just don’t have many nonpartisan sources of information.”
Prediction markets offer something increasingly rare in politics: a common, real-time data point to start from.
More from @SeanPMaloney on markets vs. polls at @DealFlowPREDICT panel this morning. ⬇️
LIVE now from NYC: CEO & President @SeanPMaloney on @DealFlowPREDICT 2026 Prediction Markets & Midterms Panel.
On Tuesday, @SeanPMaloney will speak on the @DealFlowPREDICT panel, "Midterms on the Market: How Prediction Markets Are Forecasting the 2026 Elections.”
Let us know if you'll be there!
“Which means prediction markets are the producers of information par excellence. The previous truth is rooted in the reality that we individuals are many things with our money, few of them blithe. This is particularly true when we’re trying to get a return on our money.” - @johntamny in @forbes
Dodd-Frank gave the CFTC the job to oversee event contracts.
Mulvaney in Congress: Dodd-Frank has too many protections.
Mulvaney now as head of @EndBackdoorBets: the CFTC has too few protections; give it to state regulators.
Running a casino influence op while claiming it's about consumer protection? Definitely shady.
Flipping from too much protection to too little the second the casinos need it? Definitely convenient.
Replying to @SeanPMaloney
@SeanPMaloney nails it: prediction markets have "massive and important use cases that will never come within the competence of a state gaming commission."
If you care about consumer protection, that's why you need a federal regulator - the @CFTC - overseeing these markets.






