CFTC and NHL Sign Partnership to Monitor Hockey Prediction Markets

The U.S. Commodity Futures Trading Commission and the National Hockey League have formalized a partnership to monitor and protect prediction markets tied to professional hockey. The two entities signed a memorandum of understanding on Thursday, establishing a framework for sharing information and coordinating oversight of event contracts related to NHL games traded on CFTC-regulated platforms.

The agreement aims to safeguard the integrity of the sport and the markets by deterring insider trading, fraud, and other abuses. CFTC Chairman Michael Selig stated the pact is another step toward protecting market participants. NHL Commissioner Gary Bettman said the agreement enhances the league's existing monitoring systems and strengthens its ability to identify and address potential risks.

This marks the second such arrangement between the federal regulator and a major sports league, following a similar memorandum with Major League Baseball in March. That agreement coincided with MLB naming Polymarket its official prediction market exchange. The NHL had previously established partnerships with prediction market platforms Kalshi and Polymarket.

The CFTC has actively asserted its...