Overview
Trace Schmeltz authored an article in The American Bar Association titled "What to Know About Enforcement Issues in Event Contract Markets." Trace writes on how event contract (prediction) markets are increasingly regulated under existing CFTC anti‑manipulation rules, but they present unique risks because trading activity can influence the underlying events themselves. This requires stronger surveillance, contract design, and enforcement to preserve market integrity.
Read more in The American Bar Association. [subscription required]