Federal agencies join Kalshi lawsuit challenging Rhode Island prediction market enforcement authority Suswati Basu The federal government has stepped into Kalshi’s legal fight with Rhode Island, arguing the state cannot use its gambling laws to restrict federally regulated prediction market contracts. The move widens the dispute over who controls event-based financial products tied … Continue reading Federal agencies join Kalshi lawsuit challenging Rhode Island prediction market enforcement authority
Tag Archives: Rhode
Federal agencies seek injunction against Rhode Island event contract restrictions
Federal agencies seek injunction against Rhode Island event contract restrictions Suswati Basu The United States and the Commodity Futures Trading Commission (CFTC) have asked a federal judge to block Rhode Island from enforcing state law against federally regulated event contracts, deepening a growing legal battle over the regulation of prediction markets. In a … Continue reading Federal agencies seek injunction against Rhode Island event contract restrictions
CFTC moves into Rhode Island fight over prediction market authority
CFTC moves into Rhode Island fight over prediction market authority Suswati Basu Federal regulators are stepping into an escalating court battle over prediction markets, backing Kalshi’s challenge to Rhode Island’s attempt to block sports-related event contracts. On Thursday (May 28), the Commodity Futures Trading Commission and the United States asked to intervene in … Continue reading CFTC moves into Rhode Island fight over prediction market authority
Hailey Bieber’s Rhode skincare brand to launch in Sephora in September
August 15, 2025 Hailey Bieber’s Rhode skincare brand to launch in Sephora in September BY Yasmin Gagne A month after its $1 billion acquisition by E.l.f. Beauty, Hailey Bieber’s skincare brand Rhode is heading to Sephora. Beginning September 4, the 3-year-old brand will be carried by all of the retailer’s freestanding stores in the U.S. and … Continue reading Hailey Bieber’s Rhode skincare brand to launch in Sephora in September