Several Democratic senators in the United States urge the CFTC to explicitly prohibit predictive market contracts involving death According to CNBC, six Democratic senators in the United States have sent a letter to Michael Selig, the chairman of the Commodity Futures Trading Commission, urging him to explicitly prohibit predictive market contracts that are subject to incentives for personal injury or death. The senators stated in the letter that such contracts "pose a dangerous national security risk" and demanded that the CFTC "explicitly reaffirm its absolute prohibition of any contract based on or highly related to the death of an individual". The letter pointed out that according to federal commodity regulations, the CFTC has "absolutely prohibited" contracts involving or mentioning terrorism, assassination, war, or similar acts. The senators also mentioned three recent contract cases for Polymarket: the contract regarding the explosion of NASA's manned space mission, the contract regarding the resignation of Venezuelan leader Maduro, and the contract regarding the Russian military's capture of Ukrainian towns. The letter pointed out that these contracts "highlight the dangerous incentives brought by contracts related to prohibited categories under the Commodity Exchange Law". The CFTC submitted a legal opinion to the Federal Court of Appeals last week, arguing that the agency has exclusive jurisdiction over the commodity derivatives market and that states have no authority to exercise such regulation.