Government

Public Comments Slam CFTC Proposed Election Contract Ban

Elections, Government / /

In the Commodity Futures Trading Commission’s (CFTC) third public comment hearing regarding election contracts in the past two years, public comments overwhelmingly opposed the proposed rule, with 755 comments opposing, 7 supporting, and 59 unclear, duplications, or spam. Information about the two prior public comment periods can be found here. This most recent public comment […]

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Kissinger’s Betting Odds

Global, Government / /

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

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Kalshi Legal Case Information

Government / /

Last Update: 10/23/2024 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

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