CFTC Chair Michael Selig sues Utah, its 10th state, to block state crackdown on federally regulated prediction markets

CFTC Chair Michael Selig has sued Utah, the CFTC's 10th state target, to block the state's efforts to shut down CFTC-registered prediction markets, citing the regulator's sole authority over commodity derivatives exchanges and exclusive federal jurisdiction.

Detected & updated continuously · Source: Nebula