Canada Tightens Prediction Market Rules, Banning Brokers from Displaying Sports Contracts
By Tanya Chepkova
Source excerpt · Finance Magnates
Canadian brokers offering event contracts must now keep markets they cannot offer out of clients’ sight, not just block trades in them. The Canadian Investment Regulatory Organization (CIRO) has extended its restrictions to how prediction markets appear in broker apps and promotions. The updated requirements, published on 16 October, also explicitly prohibit sports and entertainment contracts. Bro…