The Commodity Futures Trading Commission (CFTC) plans to continue legal actions against states that infringe on its federal authority regarding prediction markets, according to Chairman Selig. He indicated that the ongoing federal versus state jurisdictional disputes could escalate to the Supreme Court. This development underscores the CFTC's commitment to maintaining its regulatory oversight in the face of state-level challenges.
CFTC to Challenge States Over Prediction Market Authority
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