CFTC Sues New York to Block Gambling Laws on Prediction Platforms
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The CFTC filed suit in federal court in New York to stop the state from applying gambling laws to CFTC-registered contract markets.
The agency is seeking both a declaratory judgment on federal preemption and a permanent injunction against state enforcement.
Chairman Michael Selig said the agency is defending its sole regulatory jurisdiction over prediction markets
The Commodity Futures Trading Commission has opened a new front in its fight over prediction markets, filing suit against
The agency is seeking both a declaratory judgment on federal preemption and a permanent injunction against state enforcement.
Chairman Michael Selig said the agency is defending its sole regulatory jurisdiction over prediction markets
The Commodity Futures Trading Commission has opened a new front in its fight over prediction markets, filing suit against
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