U.S. regulation · Regulation update
CFTC Issues Prediction-Market Incentive Program Advisory
The CFTC’s Division of Market Oversight reminded designated contract markets of filing obligations for market-maker, liquidity, trading, and incentive programs.
What changed
The advisory clarified the content and procedural expectations for self-certifications submitted under CFTC Regulations 40.5 and 40.6 when a program is designed to encourage trading or liquidity.
What did not change
The advisory is not a blanket ban on incentive programs. It does not itself announce a consumer fee change, approve a specific platform program, or guarantee that a program will continue.
Why this matters
Promotions and liquidity programs can sit inside a regulated rule-filing process. Readers should treat current rewards as time-sensitive terms, not permanent platform characteristics.
Visual proof from the official source

A practical before-and-after check
Before the check
A reader treats a liquidity reward advertised today as a permanent feature of a regulated venue.
Better process
The reader checks the current platform terms and the relevant filing or regulatory notice before relying on the reward in a cost comparison.
Affected Platform Database field
| Field | Regulatory status / incentive-program terms |
|---|---|
| Verified status | The advisory clarified the content and procedural expectations for self-certifications submitted under CFTC Regulations 40.5 and 40.6 when a program is designed to encourage trading or liquidity. |
| How to record it | Keep the platform database neutral: cite program terms only when current and separate the existence of a program from the regulatory process around it. |
What to verify before acting
- Confirm the program’s current platform terms and eligibility rules.
- Separate a platform announcement from a CFTC filing, advisory, or approval.
- Recheck the program before comparing effective trading costs.
Official sources
- CFTC Release 9282-26 — published August 12, 2026.
The claim above is limited to what these sources state. We did not use account-only screens, private balances, or secondary reporting as evidence.
Continue the check
Update log
September 4, 2026: Published after a fresh primary-source review. No correction has been recorded.