Google Analytics counts our visits, with cookies. No thanks turns it off and removes its cookies; in Europe, the UK, Switzerland and India, or wherever we cannot tell where you are, it stays off unless you accept. Cookie Notice

Advertise
PRICES

SEC says prediction market oversight belongs to CFTC in court filing

NewsFeeds update

The SEC told a court that oversight of prediction markets falls to the Commodity Futures Trading Commission, rejecting claims of a regulatory gap between the two agencies. It made the argument in an amicus brief in a suit by the Capital Markets Association of America against the CFTC over single-stock perpetual futures.

RegulationCoinNessAINeutral

Read the original on CoinNess

The story so far: Single-stock perpetual futures lawsuit

A Cboe-backed group sued the CFTC to block approval of single-stock perpetual futures listed by Coinbase, Kalshi and Bitnomial; Judge Valerie Caproni denied a pause, finding the contracts closer to SEC-regulated swaps. The SEC has now filed a brief backing the CFTC in the dispute, saying the CFTC's rule changes must…

Headlines only, oldest first. Open a headline for the full update and the outlet it came from.

  1. SEC says prediction market oversight belongs to CFTC in court filing

More Regulation updates

Every Regulation update on NewsFeeds

Every update is a short rewrite, by AI in our own words, of a flash from the outlet named on it, credited and linked. Updates are joined into one story by AI; our editors can change a story’s name or take an update out. Not investment advice.