Thursday, September 21, 2023
HomeNewsOtherCFTC Staff Recommend Rejecting Kalshi's US Election Contracts: Bloomberg

CFTC Staff Recommend Rejecting Kalshi’s US Election Contracts: Bloomberg


Prediction market Kalshi’s request to create contracts linked to U.S. election outcomes should be rejected, according to staff of the regulator weighing the request, Bloomberg reported.

Their recommendations are not binding. Commissioners at the U.S. Commodity Futures Trading Commission ultimately decide, though staff members’ advice carries weight.


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