# CFTC Targets Prediction Platforms for Regulatory Clarity

> CFTC seeks to include prediction platforms in swaps to resolve legal conflicts with state gambling laws.
- Title: CFTC Targets Prediction Platforms for Regulatory Clarity
- Summary: CFTC seeks to include prediction platforms in swaps to resolve legal conflicts with state gambling laws. CFTC aims to define prediction markets as commodity…
- Keywords: cftc, prediction markets, polymarket, kalshi, nfl, commodity derivatives, regulatory conflict, business, finance, Targets, Prediction, Platforms
- Source: Pymnts — https://pymnts.com/legal/2026/cftc-wants-to-redefine-swaps-to-include-prediction-platforms
- Author: PYMNTS
- Published: 2026-10-12T00:08:31+00:00
- Read time: 1 min
- Topics: cftc, prediction markets, polymarket, kalshi, nfl, commodity derivatives, regulatory conflict, business, finance
## CFTC Proposes Swap Definition
The Commodity Futures Trading Commission wants to include event contracts based on sports, political, cultural and weather events in financial swaps.

> Americans use event contracts to hedge risks, speculate, and provide the public with information about the outcome of future events
## CFTC Claims Exclusive Authority
Chairman Michael S. Selig states prediction markets are commodity derivatives within the CFTC’s regulatory remit under the Commodity Exchange Act.

> These products are commodity derivatives squarely within the CFTC’s regulatory remit under the Commodity Exchange Act and are within the agency’s exclusive jurisdiction
## NFL Pushes for State Oversight
The National Football League submitted an amicus brief to the Supreme Court arguing prediction markets threaten game integrity and consumer protection.

> the league wants local gambling regulators to govern prediction markets
## Key takeaway

CFTC aims to define prediction markets as commodity derivatives to avoid state gambling regulations while NFL pushes for local oversight.