CFTC gets temporary restraining order against Arizona on Prediction Markets
The CFTC earlier this month sought an injunction barring Arizona from attempting to preempt federal law regarding Prediction Markets.
CFTC News
CFTC sues AZ, CT, IL on Prediction Markets citing overzealous state regulators
The struggle among the various levels of financial regulation and lawmakers in the US is heating up on Prediction Markets.
CFTC secures summary judgment against Infinity Q founder
The order imposes a $2.2 million civil monetary penalty and permanently enjoins Velissaris from engaging in further violations of the CEA.
CFTC secures Court order against former FTX Head of Engineering
The order imposes disgorgement of $3.7 million, requires Singh to continue cooperating with the Commission.
Bipartisan Senate bill looks to ban sports related Prediction Markets
The Prediction Markets Are Gambling Act would prohibit listing a contract that closely resembles a sports bet or a casino-style game.
CFTC and Major League Baseball cooperate on Prediction Markets
The MOU establishes a framework for the CFTC and MLB to protect the integrity of professional baseball and the relating Prediction Markets.
CFTC looks to revamp Prediction Markets rules, seeks public comment
The notice covers issues such as the types of event contracts (e.g. sports) that may be prohibited as contrary to the public interest.
CFTC reasserts its jurisdiction over Prediction Markets
Prediction Markets companies, and CFTC’s dominion over the space, have come under intense pressure by various US state gaming regulators.
CFTC lawsuit against former JPMorgan traders comes to an end
The lawsuit brought by the Commodity Futures Trading Commission (CFTC) against former JPMorgan precious metals traders has come to an end.
CFTC secures judgment against Robert Narvett in connection with fraudulent scheme
The U.S. District Court for the Eastern District of Wisconsin entered a consent order against Wisconsin resident Robert Narvett in connection with a fraudulent scheme.
