[US CFTC Chairman: Federal regulatory framework has clarified CFTC's jurisdiction over prediction markets] Odaily Planet Daily News - U.S. Commodity Futures Trading Commission (CFTC) Chairman Mike Selig stated on the X platform that U.S. federal law clearly stipulates that derivatives markets are regulated by the CFTC. Whether it involves sports, politics, or oil prices, under the federal regulatory framework, the CFTC has clear jurisdiction to oversee prediction markets and is obligated to uphold the regulations.