CFTC Sues New Mexico in Ongoing Prediction Markets Legal Battle
The Commodity Futures Trading Commission (CFTC) sued the state of New Mexico on Friday, adding another layer to the legal battle over prediction markets.
Commodity Futures Trading Commission
CFTC Unveils Proposed Prediction Market Rules for Sports and Gaming
Michael Selig’s Commodity Futures Trading Commission (CFTC) officially published its proposed prediction markets rules on Wednesday after months of review and thousands of public comments.
CFTC Proposes Update to Rules for Prediction Markets
With US regulators taking bold steps to shape the future of prediction markets, the Commodity Futures Trading Commission (CFTC) has unveiled a proposal to update the process by which certain event-based contracts are analyzed.
Google Employee Accused of Using Secret Info to Profit $1M on
A Google employee is facing civil action by the Commodity Futures Trading Commission (CFTC) for allegedly using confidential information to make over $1 million in profit on Polymarket.
Commodity Futures Trading Commission Signs NHL Prediction Markets
The US financial regulator, the Commodity Futures Trading Commission, has sealed a prediction markets-related Memorandum of Understanding deal with the National Hockey League (NHL). The agreement comes as US pro sports leagues look to prevent insider trading on prediction markets.
Polymarket files for CFTC self-certification of parlay-style sports
Polymarket's US subsidiary, QCX LLC, has submitted a self-certification request to the Commodity Futures Trading Commission (CFTC) for a new sports-trading product that combines multiple event outcomes into a single contract.
NHL Enters Information Sharing Partnership with CFTC
News arrived Thursday that the National Hockey League (NHL) and Commodity Futures Trading Commission (CFTC) agreed to a confidential, two-way information sharing partnership.
Minnesota Governor Signs Prediction Market Ban
After lawmakers passed a bill outlawing prediction markets with a strong majority last week, Minnesota Gov. Tim Walz finally did his bit and signed the draft into law.
Federal court blocks Arizona AG’s case against Kalshi
A federal judge in Arizona has ruled that prediction market platform Kalshi falls under Commodity Futures Trading Commission (CFTC) oversight, blocking state prosecutors from pursuing gambling-related criminal charges against the company.
Coalition for Prediction Markets Addresses CFTC on Swaps Definition
The Coalition for Prediction Markets said the definition of swaps is “certainly broad enough” to include sports in its response to the Commodity Futures Trading Commission.