Former top regulator Gary Gensler is weighing in on the new legal battle heating up over the regulation of sports-related prediction markets in the United States, and he is clearly opposed to federal oversight.
Gary Gensler, the former head of both the Commodity Futures Trading Commission (CFTC) and Securities and Exchange Commission (SEC), has entered the legal dispute concerning the regulation of sports betting in the United States. Gensler's stance is against federal oversight, particularly in the realm of sports-related prediction markets.
