On March 31, 2026, David I. Miller, director of the DoE, delivered remarks at New York University Law School that included a detailed discussion of prediction markets. His remarks come at a time when prediction markets – on which event contracts are listed and traded – have grown rapidly since 2024. In fact, Mr. Miller characterized prediction markets and crypto assets as perhaps the two most dynamic markets in finance. This alert is intended to summarize Mr. Miller’s comments and the position taken by the CFTC.