Share 
The U.S. Commodity Futures Trading Commission has warned prediction market firms not to rely on broad, template-style certifications when filing event contracts, saying the practice can limit the agency’s ability to review submissions properly.
In its advisory, the CFTC said designated contract markets are still self-certifying event contracts without enough detail on terms, conditions, and supporting explanations. The regulator described the notice as its second warning in recent months about overly generalized submissions.
The agency said bypassing a more complete certification process can make it harder to determine whether all necessary information and evaluations were provided. At the same time, it noted that closely related event contracts may still be certified as a class, which would allow consolidated filings.
Companies mentioned in the source coverage include Kalshi, Coinbase, Polymarket, and Crypto.com. The broader event-contract market has been evolving quickly as legal questions continue around the CFTC’s authority in this area.
For users of prediction platforms, the advisory does not announce a ban or a specific enforcement action against any one operator. Instead, it signals that the regulator wants more detailed filings when markets seek to list event-based contracts in the U.S.
That matters because contract review can shape what kinds of markets reach users and how quickly they do so. The source, however, does not identify which specific event contracts prompted the advisory or whether any named firm has been ordered to change a filing.
The source also said the CFTC extended the regulatory status of Kraken’s platform, the Kraken Derivatives Exchange, which has been dormant since early 2025. No further operational details were provided.
What to watch next is whether the CFTC follows this guidance with more specific actions, revised filing practices, or further public notices tied to individual event contracts or platforms.
—
Source: As reported by rootdata.
