2/26/2026 3:38:29 PM Know the Outcome? Don't Trade: CFTC Puts Prediction Markets on Notice By Zachary Schmitz Carl Kennedy Matt Kluchenek Alex Kim +1 more... Show less 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 Carl Kennedy Alex Kim A new working paper from the Board of Governors of the Federal Reserve’s (Federal Reserve) Finance and Economics Discussion Series (FEDS)...
2/18/2026 4:32:41 PM Chairman Selig and the CFTC Make the Case for Federal Jurisdiction Over Prediction Markets By Dan Davis Carl Kennedy Alex Kim The Commodity Futures Trading Commission (CFTC or the Commission) is not waiting for the courts to sort out who regulates prediction...
2/11/2026 4:12:54 PM Touchdown or Tax Down? – How Will the IRS View Sports Contract Gains and Losses By Carl Kennedy Loren Lembo If you watched the Super Bowl this year, you might have noticed a surge of advertisements for prediction market contracts on the big...
2/9/2026 3:13:35 PM SDNY US Attorney Clayton Cautions Enforcement Activity Could Be Coming to Prediction Markets By Carl Kennedy Prediction markets have drawn increased attention from both market participants and regulatory bodies, as trading volumes on these...
2/3/2026 2:45:38 PM SEC and CFTC Announce Joint 'Project Crypto' Initiative at Historic Harmonization Event By Dan Davis Michael Didiuk Carl Kennedy Alex Kim Nicholas Gervasi Caron Song +3 more... Show less After years of regulatory turf wars and jurisdictional uncertainty, the Securities and Exchange Commission (SEC) and Commodity Futures...
12/19/2025 6:51:04 PM Congratulations, CFTC Chairman Selig By Carl Kennedy Dan Davis Michael Didiuk Matt Kluchenek Stephen Morris +2 more... Show less Warm congratulations to the Honorable Michael Selig, who was confirmed by the Senate on December 18 (and sworn in on December 22) as the...
11/6/2025 3:53:35 PM Are You Using 'Finfluencers': Practical Guidance for CFTC-Registered Derivatives Intermediaries and Exchanges By Carl Kennedy Retail participation in futures, forex and swaps has accelerated markedly in recent years, propelled by low-cost access, mobile platforms...
9/8/2025 4:18:13 PM State Attorney General Renews Focus on Cryptocurrency and the Financial Industry By Michael Diver Lindsey Smith Mitchell Caminer State attorneys general are increasingly active in regulating the cryptocurrency industry, stepping in with enforcement actions that...
8/15/2025 8:58:36 PM Place Your Bets: US District Courts are Split on Whether the Commodity Exchange Act Preempts State Gaming Laws with Respect to Sports Event Contracts By Dan Davis Carl Kennedy Alex Kim Robert Bourret +1 more... Show less Derivatives exchange and prediction market KalshiEX LLC (Kalshi) was handed a litigation setback in defending its sports event contract...
7/3/2025 2:48:49 PM CFTC’s FCM FAQ Aims to Guide New Market Entrants but Adds No New Obligations By Carl Kennedy Stephen Morris Matt Kluchenek Nicholas Gervasi +1 more... Show less On June 30, the Commodity Futures Trading Commission’s (CFTC) Market Participants Division (MPD) published a new FAQ clarifying...
6/12/2025 3:32:22 PM On the Hot Seat: Brian Quintenz Faces Senate Spotlight in CFTC Confirmation Hearing By Carl Kennedy Dan Davis Matt Kluchenek Alex Kim Nicholas Gervasi +2 more... Show less Brian Quintenz appeared before the Senate Committee on Agriculture, Nutrition, & Forestry (Senate Ag Committee) for his June 10th...
6/2/2025 7:04:23 PM Can There be Only One? The CFTC Faces an Unprecedented Moment with Potentially One Commissioner By Carl Kennedy Dan Davis Nicholas Gervasi As commissioners continue to depart, the Commodity Futures Trading Commission (CFTC or Commission) may soon find itself in an...
11/19/2024 5:30:03 PM Expected CFTC Implementations Post-2024 Election: Key Considerations for Futures Commission Merchants By Carl Kennedy Stephen Morris Eli Krasnow Nicholas Gervasi +1 more... Show less The 2024 US elections may signal a shift in the policy orientation of other federal financial regulators, but at the Commodity Futures...