GiGCXOs Product Suite
Predict360

The compliance infrastructure
prediction markets require

Prediction markets sit at the intersection of financial regulation, commodities law, and emerging asset classes — with CFTC oversight, state-level licensing, AML obligations, and customer protection rules all converging on a single platform. Predict360 is GiGCXOs' end-to-end solution: registration counsel, launch readiness, AI-powered supervision, and ongoing compliance — purpose-built for event-contract and prediction market operators.

Governing Authorities
CFTC — Commodity Exchange Act FINRA — Broker-Dealer Rules FinCEN — AML / BSA State MTL Regulators OFAC — Sanctions Screening SEC — Securities Nexus Review
The Compliance Challenge

A new asset class.
A complex regulatory map.

Prediction markets — platforms where participants trade contracts on the outcomes of real-world events — have arrived in the US as a legally distinct, actively scrutinised category. The CFTC has asserted jurisdiction over event contracts as commodity interests. That single determination cascades into registration requirements, core principle obligations, customer segregation rules, and continuous supervisory programs that most platform operators are wholly unprepared to navigate.

Add FinCEN's AML/BSA program requirements, state money-transmission licensing considerations, OFAC sanctions screening, and the ever-present question of whether any given contract crosses the line into a regulated security — and you have a compliance surface area unlike anything else in fintech.

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  • CFTC Jurisdiction — Designated or Exempt?

    Determining whether your platform must register as a Designated Contract Market (DCM) or qualifies for an exemption is the foundational question. Getting it wrong exposes the platform to enforcement action and civil liability under the Commodity Exchange Act.

  • Securities Nexus Risk

    The SEC has challenged several event-contract platforms on the grounds that certain prediction market contracts constitute investment contracts under the Howey test. A dual-regulator analysis is essential before any contract goes live.

  • Patchwork State Licensing

    Depending on whether cash is held on-platform, state money-transmission licensing may apply in 40+ jurisdictions. Mapping the required licenses against your business model before launch prevents costly retroactive remediation.

  • KYC, AML & Customer Due Diligence

    FinCEN's BSA program requirements apply whether or not you hold a money services license. A written AML/KYC program, independent testing, a designated compliance officer, and ongoing suspicious-activity monitoring are non-negotiable from day one.

  • Ongoing Market Surveillance

    DCM registrants must demonstrate real-time market surveillance capable of detecting manipulation, wash trading, and coordinated position-building. Manual surveillance fails at the volume and speed that prediction markets demand.

  • Core Principle Documentation

    DCM registrants must satisfy 23 Core Principles covering contract design, financial integrity, self-regulatory programs, and record retention. Building and maintaining this documentation library is a full-time compliance function, not a one-time project.

Step 01 — Register

Choosing the right regulatory pathway

There is no single registration model for prediction market platforms. The right pathway depends on the nature of your contracts, your customer base, trading volumes, and business model. Predict360 begins with a structured regulatory analysis to determine the optimal — and defensible — path forward.

Path 01
Designated Contract Market
DCM — CFTC Rule 38

The full-registration pathway required for platforms that offer event contracts to the general public and hold customer funds. A DCM registration provides the broadest operational authority but demands the most extensive compliance infrastructure and ongoing self-regulatory obligations.

  • Satisfy all 23 CFTC Core Principles
  • Establish a Self-Regulatory Organization (SRO) function
  • Implement real-time market surveillance systems
  • Maintain customer funds in segregated accounts
  • File Part 40 contract certifications for each product
  • Submit quarterly and annual financial reports to CFTC
  • Designate a Chief Compliance Officer (CCO)
Path 02
Exempt Board of Trade
EBOT — CEA § 5d

Available to platforms whose participants are exclusively Eligible Contract Participants (ECPs) — sophisticated institutions and high-net-worth individuals. An EBOT registration imposes fewer Core Principle obligations but permanently limits your customer universe and requires ongoing ECP verification.

  • Verify ECP status for every participant continuously
  • Submit EBOT notification to CFTC under Part 36
  • Retain transaction records for five years minimum
  • Maintain emergency liquidation procedures
  • Report large trader positions under Part 17
  • Implement AML/BSA program regardless of exemption
  • Conduct annual independent compliance review
Path 03
No-Action & Exemptive Relief
CFTC Staff Guidance

Some platforms have operated under CFTC no-action letters or specific exemptive relief while the regulatory framework evolves. This is not a permanent solution — it requires continuous engagement with CFTC staff, strict adherence to any conditions imposed, and a clear conversion plan if relief lapses.

  • Draft and submit no-action request with legal analysis
  • Negotiate conditions with CFTC Division of Market Oversight
  • Monitor Congressional and rulemaking activity affecting relief
  • Maintain audit trail of all CFTC correspondence
  • Implement position and volume limits as conditions require
  • Prepare contingency registration plan in parallel
  • Report material changes in business to CFTC staff promptly
Securities Nexus Analysis — Required Before Any Path

Before selecting a CFTC registration pathway, every prediction market platform must conduct a securities law analysis. If contracts qualify as investment contracts under the Howey test, SEC registration under the Securities Exchange Act applies — potentially in addition to, not instead of, CFTC oversight. Predict360 includes a formal securities-nexus memorandum coordinated with outside securities counsel as part of every engagement.

Step 02 — Launch

Launch-readiness in four phases

From regulatory analysis to first-trade readiness. Predict360's launch protocol sequences every workstream so nothing is missed and no timeline slips.

01

Regulatory & Legal Analysis

Securities-nexus memo, CFTC pathway determination, state licensing map, and a OFAC/AML risk assessment. You receive a written regulatory opinion before a single line of code is written for compliance infrastructure.

02

Program Design & Documentation

Written Supervisory Procedures (WSPs), AML/KYC program, customer agreements, risk disclosures, Core Principle compliance policies, and a contract-certification template library — drafted to CFTC staff standards, not boilerplate.

03

Registration Filing & CFTC Engagement

Application preparation, Part 40 contract certifications, supplemental submissions, and direct management of CFTC staff comments and requests for additional information through to registration order or no-action issuance.

04

Systems & Operational Readiness

Surveillance system configuration, KYC/AML vendor integration, record-retention architecture, large-trader reporting setup, customer fund segregation testing, and a pre-launch mock exam — before you open to the public.

Pre-Launch Compliance Checklist

CFTC registration application filed and acknowledged
Securities-nexus legal memo completed
Part 40 product certification submitted for each contract
State money-transmission license applications filed
Written AML/KYC program adopted and documented
OFAC screening integrated into onboarding flow
Customer risk disclosures reviewed and approved
Customer funds segregation tested and documented
Market surveillance system configured and tested
Suspicious Activity Reporting (SAR) workflow established
CCO designated and CCO Annual Report template prepared
Record-retention policy in place, five-year minimum
Emergency shutdown and position liquidation plan adopted
Business continuity and disaster recovery plan tested
Pre-launch mock examination conducted by independent reviewer
Board / governance resolution authorising go-live
Step 03 — Supervise

Supervision that scales with your platform

CFTC Core Principles require continuous, demonstrable supervision — not periodic reviews. Predict360 embeds AI-powered surveillance and a fractional Chief Compliance Officer directly into your operations, providing institutional-grade oversight without the cost of a full internal compliance team.

Real-Time Market Surveillance

AI-driven detection of manipulation, wash trading, spoofing, and coordinated position-building across all active contracts. Automated alerts routed to your fractional CCO for same-day review and disposition.

  • Wash trading and circular order detection
  • Spoofing and layering pattern recognition
  • Coordinated position accumulation alerts
  • Price-movement anomaly flagging
  • Cross-contract correlation surveillance
  • Automated investigation workflow with audit trail
KYC / AML Ongoing Monitoring

Continuous customer risk scoring, periodic re-verification of high-risk accounts, and real-time transaction monitoring against FinCEN typologies. SAR filing decisions reviewed by licensed BSA officer.

  • Continuous customer risk-score recalculation
  • Transaction pattern analysis against BSA typologies
  • Adverse media and PEP screening refresh
  • SAR filing decisions with legal privilege protection
  • Annual AML independent test coordination
  • OFAC hit resolution and documentation
Contract Review & New-Product Approvals

Every new event contract must be assessed for regulatory risk before listing. Predict360 maintains a structured new-product approval workflow covering securities nexus, public interest determination, and Part 40 certification.

  • Securities-nexus review for each new contract type
  • Public interest and policy determination documentation
  • Part 40 self-certification or CFTC approval process
  • Contract specification review against Core Principle 3
  • Delivery and settlement procedure documentation
  • Position limit analysis and documentation
Fractional Chief Compliance Officer

A licensed, experienced CCO embedded into your leadership team on a fractional basis. Your CCO owns the annual report, manages CFTC relationship, chairs compliance committee, and serves as the accountable officer on all regulatory correspondence.

  • CCO Annual Report drafting and board presentation
  • CFTC examination management and response coordination
  • Regulatory inquiry and subpoena response oversight
  • Board and executive compliance training
  • Rule change monitoring and impact assessment
  • Whistleblower program administration
Step 04 — Remain Compliant

Your compliance obligations never stop

CFTC registration is not a one-time event — it is the beginning of a permanent compliance program. Predict360 manages every recurring obligation on your behalf so your team can focus on the platform, not the paperwork.

Daily
Daily Operations
  • Market surveillance review and alert disposition
  • Transaction monitoring queue review
  • OFAC hit review and resolution
  • Customer fund segregation balance confirmation
  • System error and exception log review
Monthly
Monthly Obligations
  • Open interest and volume reporting to CFTC (if required)
  • Customer complaint log review
  • High-risk account re-review trigger assessment
  • Adverse media screening batch refresh
  • System access and entitlement review
  • Incident and near-miss log review
Quarterly
Quarterly Obligations
  • CFTC quarterly financial reports (if applicable)
  • Large-trader report reconciliation
  • WSP effectiveness review and update
  • New contract pipeline review and pre-approval
  • Board / compliance committee meeting and minutes
  • Staff compliance training update
Annual
Annual Obligations
  • CCO Annual Report drafting and CFTC filing
  • Independent AML program test
  • Annual financial audit coordination
  • Full WSP review and board adoption
  • Risk assessment update across all Core Principles
  • Disaster recovery / BCP test and documentation
  • State license renewal filings
Why Predict360

The cost of compliance done right vs. done wrong

Building an internal compliance team capable of managing CFTC Core Principles, AML surveillance, and fractional CCO obligations is a multi-million-dollar undertaking. Predict360 delivers the same institutional capability at a fraction of the cost — and with the regulatory credibility that comes from a team that has done this before.

Compliance Function Predict360 In-House Build Generic Consultant
CFTC Pathway Analysis & Registration Included Outside counsel at $500–900/hr Rarely specialised
Securities Nexus Review Expert 3rd party counsel Separate SEC counsel engagement Not typically offered
Written Supervisory Procedures (WSPs) Drafted & maintained 12–18 months to build internally Generic templates, not exam-ready
AML / BSA Program Designed, documented, tested BSA Officer hire required Program only, no ongoing support
Real-Time Market Surveillance AI-powered, pre-configured Vendor selection + 6-month integration Out of scope
Fractional CCO (Named Officer) Experienced, licensed CCO $350K–$500K annual salary Advisory only, not accountable
CFTC Examination Management Full management Ad hoc outside counsel Not typically offered
CCO Annual Report Drafted & filed In-house CCO burden Additional engagement required
Ongoing Regulatory Monitoring Continuous Internal team required Subscription service, no advice
Why GiGCXOs

Regulatory depth.
Proven at scale.

60+
Years Combined Regulatory Experience
CFTC
Commodity Exchange Act Specialists
SEC
Securities Nexus Dual-Regulator Coverage
AI
Powered Surveillance via Hadrius Platform
What's Included

Everything in one engagement

Predict360 is not a software subscription — it is a managed compliance service combining experienced practitioners, AI-powered tooling, and CFTC-ready documentation.

01
Regulatory Analysis Package

A complete written analysis covering CFTC jurisdiction, registration pathway recommendation, securities nexus memo, state licensing map, and AML risk assessment — delivered before any regulatory contact.

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02
Registration & Licensing Management

End-to-end management of your CFTC registration application, Part 40 certifications, state money-transmission license filings, and all regulatory correspondence through to approval.

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03
Compliance Program Build

Written Supervisory Procedures, AML/KYC program, customer agreements, risk disclosures, Core Principle policy library, and a contract-certification template suite — drafted to withstand CFTC examination.

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04
AI-Powered Market Surveillance

Continuous, AI-driven monitoring for manipulation, wash trading, spoofing, and AML typologies — integrated with your platform via API and managed by your fractional CCO through the Hadrius platform.

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05
Fractional CCO Services

A named, accountable Chief Compliance Officer embedded into your leadership. Owns the CCO Annual Report, leads CFTC examination responses, chairs the compliance committee, and manages all regulatory relationships.

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06
Examination & Enforcement Readiness

Mock CFTC examination, document production protocols, examination management playbook, and regulatory inquiry response support — so you are never caught unprepared by a CFTC Division of Market Oversight review.

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Get Started with Predict360

Ready to launch your prediction market
the right way?

Our team has advised regulated markets, broker-dealers, and emerging-asset platforms across CFTC, SEC, and FinCEN frameworks. Schedule a consultation to discuss your platform and receive a preliminary regulatory pathway assessment at no charge.

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