NEW YORK (Reuters) - The U.S. Commodity Futures Trading Commission (CFTC) on Friday was poised to propose a ban on listed derivatives used to bet on U.S. elections and other major real world ...
NEW YORK, May 10 (Reuters) - The U.S. Commodity Futures Trading Commission (CFTC) on Friday proposed a rule that would ban listed derivatives used to bet on U.S. elections and other major real ...
NEW YORK (Reuters) – The U.S. Commodity Futures Trading Commission (CFTC) on Friday was poised to propose a ban on listed derivatives used to bet on U.S. elections and other major real world events, ...
Regulators advanced a plan to ban derivatives contracts based on political elections, athletic competitions and awards contests, in a bid to clarify the boundaries between gambling and financial ...
The U.S. Commodity Futures Trading Commission proposed a rule Friday that would to clamp down on the listing and clearing of so-called event contracts betting on the political outcomes and ...
A top Wall Street regulator has proposed outlawing election betting in the U.S. derivatives markets, with officials warning that the activity poses a threat to the sanctity of American elections.
The push by trading platform Kalshi Inc. to list contracts tied to congressional elections in 2022 created a firestorm, as did a bid from another exchange to allow betting on NFL games.