US Election and Sports Betting With Derivatives Face Ban by CFTC

US Election and Sports Betting With Derivatives Face Ban by CFTC CFTC proposes clamping down on so-called events contracts Plan further dashes bid to allow betting on November elections ... Read More

US CFTC proposes rule on derivatives betting on elections, calamities

NEW YORK (Reuters) -The U.S. Commodity Futures Trading Commission (CFTC) on Friday proposed a rule that would ban listed derivatives used to bet on U.S. elections and other major real world events. Read More

Wall Street regulator moves to ban election betting ... - POLITICO

A top Wall Street regulator has proposed outlawing election betting in the U.S. derivatives markets, with officials warning that the activity poses a threat to the sanctity of American elections ... Read More

CFTC Weighs Outright Ban for Derivatives Bets on US Election

A top Wall Street regulator is considering an outright ban on using derivatives to bet on US elections as part of a crackdown on so-called event contracts, according to people familiar with the plans. Read More

US CFTC seeks to ban derivatives bets on elections, calamities

NEW YORK, May 10 (Reuters) - The U.S. Commodity Futures Trading Commission (CFTC) on Friday was poised to propose a ban on listed derivatives used to bet on U.S. elections and other major real ... Read More

US senators urge CFTC to finalize ban on election betting - MSN

Five United States Senators and three House representatives have renewed calls for the commodities regulator to ban betting on the 2024 presidential election. They claimed that such markets ... Read More

CFTC Wants to Ban Trades Tied to Elections, Sports and Awards Contests ...

Photo: Nic Antaya/Bloomberg News Regulators advanced a plan to ban derivatives contracts based on political elections, athletic competitions and awards contests, in a bid to clarify the boundaries ... Read More

US Election Betting Again on Hold as CFTC Seeks to Block Kalshi - MSN

Americans seeking to bet on the outcome of the 2024 elections on a federally regulated derivatives exchange have again hit a roadblock. Bloomberg. US Election Betting Again on Hold as CFTC Seeks ... Read More

CFTC Steps Up its Watch on Election Betting - Covers.com

CFTC Steps Up its Watch on Election Betting The Commodity Futures Trading Commission is taking on the unofficial role of "elections cop.” Mia Doyle • News Editor ... Read More

Betting on elections could return to US in time for midterms, if ...

In 2012, the CFTC shut down a bid by the North American Derivatives Exchange, or Nadex, to let investors bet on the outcome of presidential elections and the composition of the House and Senate. Read More

US Election and Sports Betting With Derivatives Face Ban by CFTC

(Bloomberg) -- A top financial regulator took a major step toward directly banning derivatives from being used to bet on political contests and sports games — throwing up another hurdle for those ... Read More