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.
CFTC
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Sports Leagues, Players Unions Seek Tighter Control Over Prediction
U.S. sports leagues and players’ unions are urging the CFTC to adopt stricter oversight and safeguards over sports-event contracts, while calling for a direct role in enforcing them.
CFTC Continues Pursuit Amid Congressional Challenge to Prediction Markets
The CFTC remains resolute in pursuing legal action against states regarding prediction markets, despite facing challenges from Congress.