2026 Membership Book FINAL

projected cost increases would there be for any small entities impacted by a potential rule change? What less costly alternatives or flexibilities should the Commission consider? In general, how do small entities use prediction markets? The Office of Management and Budget has determined that this action is a significant regulatory action as defined in Executive Order 12866, as amended, and this

action has been reviewed by the Office of Management and Budget. Issued in Washington, DC, on March 12, 2026, by the Commission.

Christopher Kirkpatrick, Secretary of the Commission . NOTE: The following appendix will not appear in the Code of Federal Regulations. Appendix to Prediction Markets – Commission Voting Summary On this matter, Chairman Selig voted in the affirmative. No Commissioner voted in the negative.

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