CFTC Chairman Defends Prediction Markets as States Attack
The Commodities Futures Trading Commission (CFTC) is supporting the fast emerging prediction markets. Following an onslaught of state-based lawsuits, CFTC Chairman Mike Selig has issued a statement defending these marketplaces and filed a friend-of-the-court brief advocating federal oversight rather than piecemeal state regulation. Chairman Selig… Read More
Read more in: Investment Platforms and Marketplaces, Politics, Legal & Regulation | Tagged cftc, kalshi, legal, mike selig, polymarket, prediction markets