The Commodity Futures Trading Commission (CFTC), a top US financial regulator, is partnering with Major League Baseball and other sports leagues to stop insider trading on prediction markets.
The CFTC has announced its commitment to cooperating with sports organizations to identify suspicious trading behaviors and clamp down on efforts to influence sports-related contracts.
By joining forces with MLB and other major US sports leagues, the CFTC aims to enhance the integrity of prediction markets and prevent insider trading activities that could compromise the fairness of sports outcomes.
