CFTC Proposes Event-Contract Swap Rule as Kalshi Seeks Ninth Circuit Rehearing
The CFTC proposed on October 9 to define sports, politics, culture and weather event contracts as swaps. Kalshi is using…
Tag: Michael Selig
CFTC Excludes Sportsbook Wagers From Swaps While Proposing Federal Treatment for Event Contracts
On Oct. 9 the CFTC issued an interim final rule saying sportsbook wagers and casino games are not swaps, and…
CFTC Proposes Swap Rule for Event Contracts While Excluding Casino Gambling
On October 9 the CFTC proposed folding sports, political, cultural and weather event contracts into the federal swap definition, and…
CFTC Proposes Bringing Event Contracts Into Federal Swap Rules
As the CFTC opens 30-day comment periods on rules that would treat sports event contracts as swaps, Kalshi-linked promo offers…
Kalshi Self-Certifies Ten-Year WTI Crude Future After CME Drops 24/7 Oil Plan
Kalshi filed with the CFTC on Oct. 7 for a never-expiring WTI crude futures contract trading 24 hours a day,…
Kalshi Bonus Codes Stayed Online After CFTC Staff Warning on Randomized Rewards
Kalshi promo codes paying new users a randomized bonus between $10 and $2,000 were still live in October, nearly two…
Kalshi Starts Trading US500PERP After CFTC Approval for Stock-Index Perpetual
Kalshi began trading a perpetual future on the MerQube US Large Cap Index on October 6, less than two months…
CFTC Sends Event-Contract Swap Rule and Gambling Carveout to White House
The CFTC sent a proposed rule folding event contracts into the "swap" definition, plus an interim final rule excluding casino-style…
CFTC Opened Three Insider-Trading Investigations Into Polymarket Trades on Biden Pardons, Iran and Google Search Bets
The CFTC has quietly authorized three separate investigations into suspected insider trading on Polymarket, targeting markets tied to Biden clemency…
NBA Sends Prediction-Market Partnership Proposal to Kalshi, Polymarket and Three Other Platforms
The NBA has sent deal proposals to Kalshi, Polymarket, Novig, Fanatics, and Rothera, targeting multiple tiered partnerships worth more than…