In the complex world of Foreign Exchange (FX) derivatives, clear regulatory classification is everything. The distinction between an FX forward, […]
Decoding FX Derivatives: CFTC Guidance on Forwards, Swaps, and the Treasury Carve-Out Read More »
The ongoing legal battles between states and federally-regulated Designated Contract Markets (DCMs) like Kalshi highlight a profound tension in U.S.
The Post-Chevron Era: Why CFTC-Regulated Event Markets Face a Crisis of Jurisdiction Read More »
When a firm like Kalshi, operating as a federally-regulated Designated Contract Market (DCM), faces lawsuits from state gaming commissions, the
Asking for Permission or Asking For Forgiveness? The rise of prediction markets has created a complex legal puzzle for the