Democrats press Selig on CFTC oversight of prediction markets on war activity

8th April, 2026

Narayani Srinivasan
US House of Representatives

House democrats have written a letter to Commodity Futures Trading Commission (CFTC) chair Michael Selig questioning oversight of offshore prediction markets offering instruments that pay out on war-related events.

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ABN AMRO
Bank of America
CBOE
Citi
Goldman Sachs
DRW Holdings
HSBC
J.P Morgan
Marex
Morgan Stanley
SGX
SocGen
Susquehanna
MUFG Investor Services
TP ICAP

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