Trump Regulators Propose New Oversight Rules for Prediction Markets

Trump regulators have drafted new rules to govern prediction markets, according to @WSJ reported. The guidelines aim to set parameters for oversight of these platforms. The proposed rules will continue to allow most sports-related bets.

They also seek to prevent structures that could invite obvious manipulation. @WSJ reported that the effort reflects the growth of prediction markets and the need for clearer regulatory boundaries. The draft focuses on distinguishing legitimate activity from arrangements prone to interference.