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Canadian regulators tighten prediction market rules, barring leverage and sports contracts in the dealer model, Bonus reports
- Canadian regulators tighten prediction market rules, barring leverage and sports contracts in the dealer model, Bonus reports — Bonus reported Canadian Securities Administrators and CIRO staff published a joint notice on August 27, 2026 saying dealer-members may not allow clients to use leverage or margin on event contracts, and permitted contracts must have an initial term to maturity of 30 days or longer. The notice said sports and entertainment contracts should not be regulated within securities and derivatives legislation, CIRO staff said facilitating them was not appropriate for dealer-members, and contracts tied to elections or political events are not permitted within the dealer model. (Bonus)
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