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.
Prediction markets
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.
A recent fight over the CFTC’s position calls into question a complex regulatory taxonomy.
We discuss how this market offers opportunities for crowd forecasting and hedging certain risks but also carries significant risks regarding market manipulation, regulatory uncertainty, and more.
A Google software engineer allegedly used confidential search data to make around $1.2m on “near-perfect” search term predictions.
A regular overview of notable enforcement cases and trends in the US.
How will different jurisdictions regulate prediction markets?