CFTC to police electing-betting platforms, Chair Behnam says
Sports Game · 2024-10-23
CFTC to police electing-betting platforms, Chair Behnam says
The U.S. Commodity Futures Trading Commission will police registered political derivatives markets despite its best efforts to kill them, agency Chairman Rostin Behnam said during a Tuesday interview with Bloomberg Television.
The futures and swaps regulator finds itself having to serve as what Behnam likens to an “elections cop” even as it wages a court fight with Kalshi Inc., an exchange that lets Americans bet on election outcomes.
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