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 behavior and clamp down on efforts to manipulate contracts related to sports.
This collaboration aims to enhance the integrity of prediction markets by preventing insider trading and ensuring fair play in sports-related contracts.
