WASHINGTON — The Commodity Futures Trading Commission and the National Hockey League today announced their signing of a Memorandum of Understanding intended to protect the integrity of professional hockey and maintain fair and transparent prediction markets.

Specifically, under the terms of the MOU, the CFTC and NHL have solidified the intent to share information and coordinate to protect the integrity of both professional hockey and related event contracts offered on CFTC-regulated exchanges. The CFTC and NHL each designated representatives who will communicate regularly to discuss issues related to integrity, share information confidentially, and ensure open lines of communication.

The NHL has also implemented layered protections to monitor these markets, working directly with its partners to ensure integrity.

“I’m proud the CFTC and NHL have officially signed an MOU, furthering the agency’s commitment to improve data sharing between professional sports leagues and the Commission,” said CFTC Chairman Michael S. Selig. “This agreement is another step toward safeguarding the integrity of sports and protecting market participants in prediction markets from insider trading, fraud, and other abuses. I applaud NHL Commissioner Bettman for collaborating with the CFTC and taking a leading role in protecting the integrity of professional hockey in our markets.”

“Integrity has always been and remains paramount to the NHL and fundamental to the trust our fans and partners place in our game,” said NHL Commissioner Gary Bettman. “Our agreement with the CFTC enhances the comprehensive integrity monitoring systems already in place and strengthens our ability to identify, deter, and address potential risks. This MOU reflects a shared commitment to transparency, oversight and protecting the integrity of the game.”