---
title: "Former SEC Chair Gensler rejects CFTC claim of authority over prediction market sports betting"
url: https://thecoingazette.com/former-sec-chair-gensler-rejects-cftc-claim-of-authority-over-prediction-market-sports-betting/
date: 2026-06-12
modified: 2026-06-13
lang: en
author: "Coin Gazette Editorial"
description: "Gary Gensler is calling malarkey the claim that the CFTC has jurisdiction over prediction markets, specifically sports bets."
categories:
  - "CFTC"
  - "Crypto News"
tags:
  - "betting"
  - "CFTC"
  - "Gary gensler"
  - "Legal"
  - "Market"
  - "Markets"
  - "Policy"
  - "prediction markets"
  - "regulation"
  - "sec"
  - "Sports"
word_count: 18
---

# Former SEC Chair Gensler rejects CFTC claim of authority over prediction market sports betting

Gary Gensler is calling malarkey the claim that the CFTC has jurisdiction over prediction markets, specifically sports bets.