CFTC News and Regulatory Updates
Kalshi loses bid to block New York gambling enforcement
The legal fight over who regulates prediction markets is intensifying as state officials push to apply gambling rules to sports-event contracts. A federal judge in Manhattan now refuses to shield ...
CFTC charges Argent Capital Management over alleged $14 million crypto and futures fraud in North Carolina
Federal regulators are pursuing a North Carolina commodity pool case that spans futures, options and cryptocurrency trading and allegedly affected about 60 participants. The complaint targets ...
U.S. crypto bill faces tighter timeline as Clarity Act talks continue
With Congress moving deeper into its summer recess, the window for the Clarity Act to clear both chambers before the U.S. midterm elections is narrowing. Lawmakers and people following the ...
Kalshi and U.S. prediction markets face widening regulatory litigation across states
A fast-growing U.S. prediction market sector is confronting a pivotal legal test as states challenge whether event contracts amount to sports gambling or federally regulated derivatives. The ...
Kalshi trading volume climbs to record June high as World Cup boosts prediction markets
Prediction market activity accelerates in June as the expanded 2026 FIFA World Cup draws heavy trading on match outcomes and tournament progression. Kalshi records nearly $9.4 billion in monthly ...
CFTC orders foreign firms to pay $2.5 million over illegal U.S. retail commodity transactions
U.S. derivatives regulators are stepping up enforcement against offshore firms serving American retail customers through off-exchange commodity platforms. Netrios LP Ltd. and Red Acre Ltd. are ...
U.S. crypto perpetual futures approval raises risk debate for exchanges
A regulatory shift in the U.S. derivatives market is accelerating the expansion of cryptocurrency perpetual futures beyond offshore venues. The change is quickly reshaping competitive dynamics for ...
Galaxy Research cuts Clarity Act passage odds as Senate calendar tightens
Senate timing pressures are clouding the outlook for the Clarity Act as lawmakers work through a crowded legislative agenda. Galaxy Research now puts the bill's chances of becoming law in 2026 at ...
U.S. senators seek CFTC probe into Polymarket marketing practices
Regulatory pressure on prediction markets is intensifying as two U.S. senators press for closer scrutiny of Polymarket's promotional tactics. Their request follows allegations that paid ...
Polymarket faces CFTC investigation as regulatory scrutiny returns
Regulatory pressure is mounting again on prediction market platform Polymarket after a recent period of expansion in the U.S. market. The inquiry follows fresh questions over the company’s ...
CFTC and SEC seek comment on portfolio margining alignment
U.S. derivatives and securities regulators are opening a joint review of how margin rules work across linked markets and products. The initiative covers securities, security-based swaps, futures, ...
U.S. senators seek to curb CFTC funding for prediction market lawsuits
Growing tension between federal regulators and state gaming authorities is sharpening the fight over who oversees prediction markets in the U.S. A group of 17 Democratic senators is urging Senate ...
SEC, CFTC seek comment on portfolio margining alignment
U.S. market regulators are moving to coordinate margin rules across securities and derivatives markets as trading activity spans multiple products and entities. The joint effort is aimed at ...
CFTC proposes new event contract reporting rules for fully collateralized markets
The Commodity Futures Trading Commission is moving to formalize reporting requirements for certain event contracts that have operated under staff no-action letters since 2017. The proposed changes ...
U.S., Bahrain discuss security pact and economic cooperation
Washington is reinforcing its Gulf partnerships as regional security and trade routes remain in focus. In talks with Bahrain's King Hamad bin Isa Al Khalifa, Secretary of State Marco Rubio also ...
Kalshi challenges Illinois sports event contract restrictions in federal court
Illinois is moving to tighten oversight of prediction market platforms as a new state law is set to take effect on July 1. Kalshi says the measure conflicts with federal commodities rules and ...
U.S. prediction markets gain support for federal rules amid state licensing fight
As legal pressure builds around event contracts tied to sports, new polling shows voters in both major U.S. parties favor a single national approach to oversight for prediction markets. The ...
CME Group challenges CFTC approval of crypto perpetual futures
A legal dispute over cryptocurrency derivatives is intensifying after CME Group sues the Commodity Futures Trading Commission and its chair, Michael Selig, over the approval of perpetual futures. ...
CFTC sues Kentucky over prediction market crackdown
Federal regulators are escalating a jurisdictional fight over prediction markets as states challenge whether event-based contracts fall under gaming law. The U.S. Commodity Futures Trading ...
CFTC signals balanced regulation for U.S. agriculture and market innovation
At a time when U.S. agricultural producers face high input costs, weather pressure and shifting global competition, CFTC Chairman Michael S. Selig says the agency is trying to protect traditional ...
CFTC expands prediction markets legal fight with Kentucky lawsuit
Federal and state authorities are intensifying a jurisdictional clash over prediction markets as Kentucky becomes the latest front in the dispute. The case adds to a broader U.S. regulatory push ...
