Citadel Securities calls for SEC oversight of equity-linked event contracts

Citadel Securities Urges SEC to Take Oversight of Some ...

Citadel Securities Warns Risky CFTC Rules For Markets 2026

Citadel Securities urged the SEC, not the CFTC, to oversee prediction contracts tied to public companies. Its Sept. 9 letter argued KPI contracts are security-based swaps, warning CFTC self-certification risks market fragmentation for Kalshi, Polymarket, and Crypto.com and reshapes oversight of tokenization, perpetuals, and crypto prediction infrastructure nationwide.

Citadel Securities Wants SEC Oversight of Company-Linked Prediction Bets

Citadel Securities asked US regulators yesterday (Wednesday) to keep equity event contracts and perpetuals under securities rules. It told the Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) that CFTC self-certification can bypass SEC review.A CFTC-regulated exchange can self-certify a product and begin trading as soon as the next business day. An SEC-regulated options exchange generally must publish its …

Citadel Securities calls for SEC oversight of equity-linked event contracts

Citadel's push for SEC oversight highlights the need for robust regulation to ensure market stability and investor protection amid evolving derivatives.