CFTC Collaborates with MLB and Top US Sports Leagues to Prevent
The Commodity Futures Trading Commission (CFTC) is partnering with Major League Baseball and other sports leagues to combat insider trading on prediction markets.
The Commodity Futures Trading Commission (CFTC) is partnering with Major League Baseball and other sports leagues to combat insider trading on prediction markets.
DraftKings does not possess a crystal ball that shows how the CFTC or Supreme Court will settle the long-term future of prediction markets in the United States.
The Coalition for Prediction Markets said the definition of swaps is “certainly broad enough” to include sports in its response to the Commodity Futures Trading Commission.