• 11/26/2024

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

Wall Street Journal

Regulators advanced a plan to ban derivatives contracts based on political elections, athletic competitions and awards contests, in a bid to clarify the boundaries between gambling and financial markets.

https://www.wsj.com/articles/cftc-wants-to-ban-trades-tied-to-elections-sports-and-awards-contests-3d6fb3c6