Ben Schifrin

Ben Schifrin appears in U.S. regulators eye rules for prediction markets as a Better Markets expert explaining why prediction markets create a regulatory mismatch for the [[CommodityFuturesTradingCommission|CFTC]]. He says the CFTC was designed to regulate commodities and derivatives markets, while prediction markets can create corruption risks that look closer to sports betting, political information leakage, or military-intelligence misuse.

Schifrin’s core contribution is to widen Prediction Market Ethics from harmful-event contracts into Prediction Market Integrity Oversight. The episode uses his comments to argue that event markets involving war, military action, or government information can create manipulation and insider-information risks beyond ordinary commodity regulation.

Connections

• Better Markets - Schifrin’s organization in the episode.
• [[CommodityFuturesTradingCommission|CFTC]] - regulator whose mandate he frames as mismatched to some prediction-market risks.
• Prediction Market Ethics, Prediction Market Integrity Oversight, and Event Contract Manipulation Risk - concepts his comments extend.
• Polymarket, Iran, Ukraine, and Venezuela - conflict-market contexts discussed in the source.