News Explorer — CFTC Chairman Asserts Authority Over Prediction Markets Amid Legal Challenges From States

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Feb 17, 3:07 pm

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CFTC Chairman Asserts Authority Over Prediction Markets Amid Legal Challenges From States

U.S. CFTC Chairman Michael Selig responded to states challenging the regulator's authority over prediction markets in an op-ed. The legal tension has led to calls for clarity, with the SEC also hinting at jurisdiction. Selig emphasized the importance of the CFTC's role in regulating commodity derivatives.

U.S. CFTC Chairman Michael Selig responded to states challenging the regulator's authority over prediction markets in an op-ed. The legal tension has led to calls for clarity, with the SEC also hinting at jurisdiction. Selig emphasized the importance of the CFTC's role in regulating commodity derivatives.

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