The former CFTC Commissioner did not mince words in a letter to the agency, arguing that it had “lost its way” in its attempt to grab control over the explosively popular sector.
Former Obama-era CFTC Commissioner Timothy Massad penned a comment letter to the CFTC in which he argued its attempt to wrest regulatory control over prediction markets from states threatened to transform the CFTC into a national gaming regulator.
The main thrust of his argument was that the CFTC is using
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