9/23/2026 10:13:32 PM Don’t Mention It… The CFTC Places New Guardrails on Mention Markets By Dan Davis Alex Kim Alex San Martin Prediction markets have steadily expanded the universe of event contracts in which market participants can take positions, the newest...
8/28/2026 10:55:34 PM Sports Bets or Swaps? Ninth Circuit’s Controversial Kalshi Ruling Deepens the Divide By Alex Kim Alex San Martin Does federal derivatives law preempt state gaming regulations when a prediction market lists sports-related contracts as swaps? In...
7/8/2026 2:06:58 PM Predictable: ESMA Clarifies Application of Binary Options Rules to Event Contracts and Prediction Markets By Nathaniel Lalone Eleanor Bines Background Event contracts, and the prediction markets on which they trade, have seen a sharp rise in popularity in recent years,...
5/28/2026 11:16:00 PM Keeping Tabs: CFTC and DOJ Charge Software Engineer with Insider Trading for Prediction Market Trades By Christian Kemnitz Matt Kluchenek Brian Poronsky Zachary Schmitz +1 more... Show less Following on the heels of the highly publicized first criminal and civil case charging insider trading in prediction markets, the US...
5/8/2026 5:19:29 PM Federal Court Blocks Arizona From Enforcing Gambling Laws Against Prediction Markets By Matt Kluchenek Alexa Warner Alex Kim A federal court has blocked Arizona from enforcing its state gambling laws against prediction markets. In an order issued on May 5, 2026,...
4/28/2026 1:49:54 PM Doubling Down: CFTC Sues New York and Files Amicus in Massachusetts in Support of Prediction Markets By Zachary Schmitz The Commodity Futures Trading Commission (CFTC) continues to defend its jurisdictional turf. The CFTC filed a federal lawsuit against the...
4/27/2026 2:10:53 PM Classified Intel, Crypto and a Special Forces Sergeant: The CFTC’s First Insider Trading Case in Prediction Markets By Dan Davis Matt Kluchenek Zachary Schmitz Alex Kim +1 more... Show less After previous repeated warnings to market participants that it was monitoring prediction markets for insider trading and...
4/21/2026 10:37:00 PM Kalshi Makes Its Case for Federal Court as Ninth Circuit Hearing Tees Up Potential Supreme Court Review By Zachary Schmitz Alexa Warner Alex Kim The fight over whether prediction markets belong in federal or state court continues to intensify. In the span of two days last week,...
4/16/2026 9:58:17 PM Chairman Selig Goes to Capitol Hill: Key Takeaways on Prediction Markets, Crypto and Enforcement By Zachary Schmitz Alex Kim Just over 100 days into his tenure, Commodity Futures Trading Commission (CFTC or the Commission) Chairman Michael S. Selig appeared...
4/10/2026 10:02:03 PM Prediction Markets Go on Offense: This Week’s Major Victories and CFTC Actions By Alex Kim Alexa Warner This week has proven pivotal for the prediction markets industry, with a series of legal and regulatory developments that could have...
4/1/2026 6:30:38 PM A New Era: New CFTC Enforcement Director Outlines Updated Priorities and Cooperation Policy By Zachary Schmitz Making clear that the era of “regulation by enforcement” is over, Commodity Futures Trading Commission (CFTC) Director of Enforcement...
3/18/2026 3:56:39 PM Technology Service Vendors: Cryptoasset Wallet Provider Gets Relief Benefitting Entire Digital Asset Ecosystem, Prediction Markets Too By Dan Davis Staff from the Market Participants Division (MPD) of the Commodity Futures Trading Commission (CFTC or Commission) issued No-Action...
3/13/2026 9:23:36 PM Common Ground: The SEC and CFTC Enter Historic Memorandum of Understanding Aimed at Harmonizing Regulatory Interests By Zachary Schmitz Michael Didiuk Adam Bolter Dan Davis Matt Kluchenek Ben Levine +3 more... Show less Regulatory silos are coming down. In what marks the third joint announcement by the two primary US financial regulatory agencies in less...
3/12/2026 10:16:14 PM Game Changer: CFTC Clarifies Sports Contracts Listing Standards and Seeks Input on Event Contracts More Generally By Dan Davis Alexa Warner Benjamin Levine The Commodity Futures Trading Commission (CFTC or Commission) made waves on March 12 with two pivotal releases intended to shape the...
2/26/2026 3:38:29 PM Know the Outcome? Don't Trade: CFTC Puts Prediction Markets on Notice By Zachary Schmitz Matt Kluchenek Alex Kim In an unusual move, the Commodity Futures Trading Commission’s (CFTC or Commission) Division of Enforcement (Division) issued an advisory...
2/20/2026 7:46:31 PM Federal Reserve Researchers Find Prediction Markets Deliver Forecasting Value Comparable to Professional Surveys and Futures By Dan Davis Alex Kim A new working paper from the Board of Governors of the Federal Reserve’s (Federal Reserve) Finance and Economics Discussion Series (FEDS)...