CFTC Press Releases/
CFTC Exercises Emergency Authority to Ensure Market Stability
The CFTC exercised emergency authority to ensure KalshiEX, LLC continues operating following a lawsuit by the New York Attorney General seeking to prohibit event contracts nationwide and $36 billion in damages.
medium impactneutral
Why It Matters
It highlights a jurisdictional conflict between federal (CFTC) and state (New York) authorities over the regulation of event contract derivatives.