CFTC Sues Kentucky Over Prediction Markets, Expanding Federal Scrutiny

The Commodity Futures Trading Commission (CFTC) has sued Kentucky over its actions against prediction markets, making it the first 'red state' to face federal scrutiny in the commission's ongoing battle to regulate event contracts.

23 Jun, 20:55 — 23 Jun, 20:55

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cnbcMostly Factual67d ago

CFTC sues Kentucky over actions against prediction markets, making it first red state to face federal scrutiny

The commission has now sued nine states in total in its battle to defend what it sees as its exclusive right to regulate event contracts.

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CFTC Sues Kentucky Over Prediction Markets, Expanding Federal Scrutiny

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CFTC sues Kentucky over actions against prediction markets, making it first red state to face federal scrutiny

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