U.S. Senators Asks CFTC to Reconsider Prediction Markets

23 U.S. Senators have recommended CFTC Commission Chairman Michael Selig reconsider his stance on prediction markets The Senators asked Selig to maintain the commission’s prohibition on sports event contracts Urged the CFTC to abstain from intervening in pending litigation amongst states Led by U.S. Senators Catherine Cortez Masto (D-Nev) and Adam Schiff (D-Calif), a total […]

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