Tag: CFTC
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Forecasting the Role of State Regulators in Overseeing U.S. Prediction Markets
On April 6, 2026, the U.S. Court of Appeals for the Third Circuit (“3d Cir”) issued a ruling that considered the issue of whether state gaming and gambling laws apply to designated contract makers (“DCMs”) that are regulated by the Commodity Futures Trading Commission (“CFTC”). Their ruling held that the Commodity Exchange Act (the “CEA”)…