SHORT TAKE US CFTC ships prediction markets rule proposal to Trump budget office
By Chris Prentice
Published on March 3, 2026.
The US Commodity Futures Trading Commission (CFTC) has sent a rulemaking proposal for prediction markets to the President's Office of Management and Budget, starting the process of writing new rules for these controversial markets. The proposal is in "preview" stage of the rulemaking process. The CFTC is trying to establish its jurisdiction over these markets after controversial bets on the potential death of Iran's Supreme Supreme Lord, which have led to threats from U.S. lawmakers to outlaw.
Related Articles
Longtime Horsham Police Officer Retires
Horse-based officer Barry Ramsey retired from frontline duty at 28, leaving behind a significant gap between him and his former employer, John O'Neill, after 28 years.
Nuclear program, missiles or regime
change: Trump struggles to define Iran war goals
President Donald Trump faces challenges in defining the Iran war goals, relying on American military power to prevent Iran from developing a nuclear weapon and potentially collapse the regime.
Battered and isolated, Hezbollah drags Lebanon into another war
Hezbollah has launched a series of attacks on Israel, dragging Lebanon into another war with Iran, despite a previous ceasefire and US-led campaign.