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Reuters reports traders have wagered more than $220 million on around 31,000 equity-linked markets, with nearly 60% tied to individual stock moves. Legal experts and regulators are weighing whether these contracts fall under SEC or CFTC oversight.
By Douglas GillisonPrediction markets are fast becoming alternative venues for traders to wager on US companies like Tesla NASDAQ:TSLA and Apple NASDAQ:AAPL, raising concerns about investor protection and market oversight, according to independent data and regulatory experts.The booming industry pi…