Tag: CFTC

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Trump Defends CFTC Jurisdiction Over Prediction Markets

US President Donald Trump has backed the Commodity Futures Trading Commission as having the “exclusive authority” over prediction markets, as state regulators' action against...

NYT Investigation Exposes CFTC Officials Suspended Over Prediction Markets Scrutiny

A New York Times investigation reveals that CFTC officials who raised concerns about prediction markets were suspended and removed from the agency.A New York...

Trump praises prediction markets, defends CFTC as court cases compound

U.S. President Donald Trump said it was "critically important" that the CFTC keep "exclusive authority" over prediction markets, echoing CFTC Chair Michael Selig in...

CFTC Officials Who Questioned Prediction Markets Were Suspended: NYT

Senior officials at the Commodity Futures Trading Commission who raised concerns about prediction market companies were suspended, investigated and eventually pushed out of the...

CFTC Signs MOU with National Hockey League over Prediction Markets

The US Commodity Futures Trading Commission (CFTC), under the sole leadership of Republican Michael Selig, announced a memorandum of understanding with the National Hockey...

U.S. CFTC secures deal with National Hockey League on prediction market safeguards

In the midst of its playoffs surge, the top professional hockey league has agreed to coordinate oversight of betting on popular prediction markets with...

CFTC Sues Minnesota, Governor Walz over Prediction Markets Ban

The US Commodity Futures Trading Commission (CFTC), under Chair Michael Selig, has filed a lawsuit against the state of Minnesota and its officials after...

House Committee Leaders Urge Trump to Nominate CFTC Members, Citing CLARITY Act

The Republican chair and Democratic ranking member of the US House of Representatives Committee on Agriculture have called on President Donald Trump to fully...

U.S. House lawmakers who oversee the CFTC are urging Trump to fill the commission

As the Commodity Futures Trading Commission takes on a growing task to police U.S. crypto trading, senior lawmakers are saying it needs bipartisan leadership.

CFTC Issues No-Action Letter on Prediction Market Data Reporting

The US Commodity Futures Trading Commission’s (CFTC) market and clearing divisions issued no-action relief for fully collateralized event contracts, easing certain swap data reporting...

CFTC Backs Kalshi in Ohio Appeals Court Fight

The US Commodity Futures Trading Commission has backed Kalshi in the company’s legal fight against the state of Ohio, asking an appeals court to...

The CFTC is in talks with every major pro sports league to crack down on insider trading

Chairman Mike Selig of the U.S. Commodity Futures Trading Commission (CFTC) said his agency is in talks with all major U.S. professional sports leagues...