CFTC Expands Regulation of Sports Prediction Markets to Combat Insider Trading and Manipulation
Federal Crackdown: CFTC Moves to Regulate Sports Prediction Markets to Combat Insider Trading The line between sports betting and high-finance derivatives is blurring, and the U.S. Government is stepping in to draw a hard boundary. The Commodity Futures Trading Commission (CFTC), the federal watchdog overseeing U.S. Derivatives markets, is aggressively expanding its regulatory grip on … Read more