Published Aug 3, 2026, 10:06 AM ET · Updated 3 months ago · 3 sources

Senators Urge CFTC to Curb Wildfire Prediction Market Bets Over Arson Concerns

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bloomberg
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Original Report

A group of Democratic senators urged the Commodity Futures Trading Commission to rein in prediction market trading on wildfires, expressing concern that individuals could be tempted to commit arson to make their bets pay off.