CFTC issues no-action letters to four prediction markets Joel Loynds Suswati Basu The Commodities Futures Trading Commission (CFTC) has issued no-action letters to four different prediction markets. In a public announcement, the CFTC said it would give the all clear for “swap data reporting and recordkeeping regulations in response to requests from … Continue reading CFTC issues no-action letters to four prediction markets
Could prediction markets replace political polls? ‘Maybe yes, maybe no’ Rachael Davies Suswati Basu As prediction markets offer contracts in more and more areas, are they starting to encroach on the role that opinion polls currently serve in politics? Pre-election polls are often referenced in the build-up to major elections, offering a … Continue reading Could prediction markets replace political polls? ‘Maybe yes, maybe no’
Sleeper accuses CFTC of “illegal delay” to prediction markets application Graeme Hanna Sleeper Markets LLC, the entity operator of the popular fantasy sports app Sleeper, has publicly accused the U.S. Commodity Futures Trading Commission (CFTC) of an “illegal delay” on its application to register as a Futures Commission Merchant (FCM). This registration is an essential … Continue reading Sleeper accuses CFTC of “illegal delay” to prediction markets application
