SEC Chair Paul Atkins signals potential supervision for $63.5B prediction markets

On February 13, 2026, SEC Chair Paul Atkins told the Senate Banking Committee the agency may begin supervising certain prediction markets. Citing Certik, the sector more than quadrupled in 2025 to $63.5 billion, spurring lawsuits and a push for coordinated SEC and CFTC oversight, with contract by contract reviews to determine when products resemble securities.