According to FOX reporter Charles Gasparino, the U.S. Commodity Futures Trading Commission and the U.S. Securities and Exchange Commission are currently strengthening their collaboration on the regulatory boundaries of prediction markets and have maintained a consistent stance in recent investigations into anomalous transactions related to the Iran conflict.
Charles Gasparino stated that although it is widely believed prediction markets are primarily regulated by the CFTC, the SEC will also become deeply involved when related prediction contracts may be legally classified as "securities." He also revealed that, in addition to the cases already made public, regulatory agencies may launch more enforcement actions targeting prediction markets in the future.