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CFTC conducting internal review of prediction platform Mention Market

CNBC ·

  1. 1The U.S. Commodity Futures Trading Commission (CFTC) is conducting an internal review of the prediction platform Mention Market, sources said.
  2. 2The CFTC notified Kalshi of the review several weeks ago, around the same time Kalshi removed sports-related Mention Markets, with trading volume last month coming in at roughly $3.3 million.
  3. 3Mention Markets have faced criticism that they can be easily manipulated by individuals, and this inquiry comes ahead of the CFTC's Innovation Advisory Committee meeting on August 20.

This 3-line summary is compiled from the report below.

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