Prediction markets

CFTC found material, nonpublic information was used in breach of duty of trust and confidence to trade event contracts on the prediction platform.

The agency said a growing number of filings have failed to provide sufficient notice or compliance analysis.

Our in-brief roundup of notable stories from the last week.

We spoke to Katie Daniels of Ropes & Gray about protecting corporate information in an age of prediction markets.

The attorneys general said the rule exceeds the agency’s statutory powers and urged the CFTC to start over.

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.

Our in-brief roundup of notable stories from the last week.

Agencies consult on whether existing regulatory frameworks can keep pace as novel products and trading strategies enter the market.