2 posts
Standard
The U.S. Commodity Futures Trading Commission (CFTC) has launched a significant, formal effort to cement its position as the sole federal regulator of prediction markets, issuing new rules this week that aim to codify event contracts as "swaps." This regulatory maneuver represents a critical escalation in the ongoing jurisdictional battle between the federal agency and…
Standard
The U.S. Commodity Futures Trading Commission (CFTC) has launched a significant and formal effort to secure its role as the primary federal regulator for prediction markets. In a pair of actions unveiled on Friday, the agency finalized an interim rule and proposed a new regulatory framework that collectively aim to cement the legal status of…
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