The Commodity Futures Trading Commission (CFTC) stepped into the legal battle over how prediction markets should be regulated ...
CFTC Chairman Michael Selig said the agency has filed an amicus brief to assert its authority over prediction market enforcement and regulation.
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Commodity Futures Trading Commission Chairman Mike Selig fired a legal warning shot defending his agency's jurisdiction over the event contract space.
The Commodity Futures Trading Commission has officially gone on the offensive in its defense of prediction markets.
CFTC Chair Mike Selig said the agency intends to "defend its exclusive jurisdiction" over prediction markets in a video posted on Tuesday.