Pensions & Investments Quotes Christopher Robertson on Prediction Market Regulation

Pensions & Investments quoted Christopher Robertson, Litigation partner and former senior counsel in the SEC’s Enforcement Division, in its article, “Prediction market regulatory debate creates questions about SEC jurisdiction.” Published on July 30, 2026, the article explores the growing debate over whether certain prediction market event contracts fall under SEC oversight and the broader regulatory uncertainty surrounding these markets.

Robertson discussed the distinction between traditional swaps and derivatives and prediction market event contracts, emphasizing that prediction markets raise unique regulatory questions that may not fit neatly within existing securities laws. He further highlighted the challenge regulators face in determining which agency, if any, has the statutory authority to oversee these products.

“There is, I think, a fundamental difference between predicting what some company’s going to report versus investing in the company itself. And I think they arguably should be regulated differently.”

The full article is available here.