The Commodity Futures Trading Commission (CFTC) recently held a public meeting to discuss proposed rules regarding event contracts. Under current regulations, there are only a few enumerated restrictions on contracts, including war, terrorism, and assassination. Those three restrictions were mentioned repeatedly during the two-hour meeting, reminding one of the apocryphal story about former Secretary of […]
Kissinger’s Betting Odds Read More »
Update 5/11/2024: CFTC proposal to ban election contracts Summary Meeting Details Commodity Futures Trading Commission (CFTC) will hold an open meeting on Friday, May 10, 2024 at 10:00 a.m. (EDT) at the CFTC’s Washington, D.C. headquarters. Members of the public can attend the meeting in person, listen by phone, or view a live stream at
Cheat Sheet for May 10 CFTC Meeting on Event Contracts Read More »
Last Update: 06/28/2024 On November 1, 2023, Kalshi sued the U.S. Commodity Futures Trading Commission (CFTC) for rejecting its proposed contracts for partisan control of Congress. Below is a timeline of Kalshi’s attempts to offer election markets with respective media coverage followed by the case docket. Click on the document number to view a PDF
Kalshi Legal Case Information Read More »
Kalshi is the first federally regulated exchange for event contracts. Incorporated as a Delaware LLC on December 10, 2019, it applied for Designated Contract Market (DCM) status to the Commodity Futures Trading Commission (CFTC) a few weeks later on December 27th. Their application was approved almost one year later on November 3, 2020, and Kalshi
CFTC Public Comments over Kalshi Disappoint Read More »
Updated 9/22/2023: CFTC rejects Kalshi’s proposed election contracts. The Monday, June 26th meeting was cancelled and the CFTC announced that it has commenced a review of contracts self-certified by Kalshi. Mersinger Dissent Pham Dissent Questions for Public Comment Public Comments Below is a summary of background information for the Commodity Futures Trading Commission’s (CFTC) meeting
CFTC Kalshi cheat sheet Read More »
