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Kalshi’s Nevada Setback: The Enduring Battle for Jurisdiction Over Event Contracts

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A federal judge in Nevada recently issued a significant ruling against prediction market platform Kalshi, demanding the company cease offering […]

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Decoding FX Derivatives: CFTC Guidance on Forwards, Swaps, and the Treasury Carve-Out

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In the complex world of Foreign Exchange (FX) derivatives, clear regulatory classification is everything. The distinction between an FX forward,

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The Post-Chevron Era: Why CFTC-Regulated Event Markets Face a Crisis of Jurisdiction

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The ongoing legal battles between states and federally-regulated Designated Contract Markets (DCMs) like Kalshi highlight a profound tension in U.S.

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Jurisdictional Showdown: How Federal Preemption Impacts Prediction Markets and State Gaming Laws

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When a firm like Kalshi, operating as a federally-regulated Designated Contract Market (DCM), faces lawsuits from state gaming commissions, the

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Regulatory Strategy: How Kalshi Used CFTC Self-Certification to Launch Prediction Markets Nationwide

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Asking for Permission or Asking For Forgiveness? The rise of prediction markets has created a complex legal puzzle for the

Regulatory Strategy: How Kalshi Used CFTC Self-Certification to Launch Prediction Markets Nationwide Read More »

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