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Gensler Files Brief Arguing Sports Prediction Markets Fall Outside CFTC Swap Rules

Gary Gensler, the former chair of both the CFTC and the SEC, filed an amicus brief Thursday with the Sixth Circuit Court of Appeals arguing that sports-event prediction markets are not federally regulated swaps under Dod...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Gensler Files Brief Arguing Sports Prediction Markets Fall Outside CFTC Swap Rules
Gary Gensler, the former chair of both the CFTC and the SEC, filed an amicus brief Thursday with the Sixth Circuit Court of Appeals arguing that sports-event prediction markets are not federally regulated swaps under Dodd-Frank. The brief sides with state regulators against Kalshi, one of the... Read the full story at The Defiant

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CFTC is showing up inside the Regulation theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.

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