Better Markets News & Prediction Market Coverage
Track the latest Better Markets news across prediction markets. Prediction News is following 7 active Better Markets stories across regulation, legal action, market moves, and platform developments, each clustered from original reporting and summarized for operators, traders, and regulators.
Latest News
Better Markets lauds Ninth Circuit ruling telling Kalshi to stop 'pretending wagers are derivatives'
LegalCFTC warns prediction markets to drop American-style moneyline odds
LegalSEC and CFTC jointly propose rulemaking framework for event contracts
StocksCME's Duffy clashes with CFTC chair and Kalshi at first event-contract advisory meeting
LegalKalshi claims $40 billion in World Cup bets exempt from sports-betting tax
LegalCFTC stays Kalshi rule change and orders fulfillment of pending trades
LegalGary Gensler files amicus brief backing Ohio against Kalshi in sports prediction market case
Frequently Asked Questions
What is Better Markets' stance on prediction markets?
Better Markets has called for stricter CFTC rules on prediction markets, criticizing the agency for promoting the sector instead of prioritizing public protections.
Who is Benjamin Schiffrin at Better Markets?
Benjamin Schiffrin is Better Markets' Director of Securities Policy and issued the group's May 2026 statement on the CFTC and prediction markets.
Has Better Markets commented on Kalshi or Polymarket?
Yes, the group has referenced Kalshi and Polymarket in its criticism of CFTC oversight of prediction market platforms.
When did Better Markets criticize the CFTC on prediction markets?
Better Markets issued its statement on May 1, 2026.
What is Better Markets' mission?
Better Markets is an independent nonprofit that promotes the public interest in financial reform and works to build a more secure financial system.