Category Archives: Regulations

Jason Ruspini rebuts Eric Zitzewitz on the regulation of political prediction markets. — [COMMENT]

Did Eric Zitzewitz read Dodd-Frank? Jason Ruspini: Unfortunately, election contracts and ALL event contracts appear to be prohibited by CFTC regulation 40.11, released in July 2011 as part of Dodd-Frank: “(a) Prohibition. A registered entity shall not list for trading … Continue reading

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Eric Zitzewitz petitions the CFTC in favor of real-money prediction markets about politics. — [TEXT]

Eric Zitzewitz: We are academic researchers who study prediction markets. We are writing in favor of allowing NADEX, or a similar entity, to offer a broad range of political and policy event futures, including the three they are currently proposing. … Continue reading

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Ex-HSX Max Keiser disses real-money prediction markets (again). — [VIDEO]

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Legality of real-money prediction markets in America — [LINKS]

#1. CFTC’s Bart Chilton says ‘no’. – #2. DOJ says ‘yes’, other than for sports and horse racing.

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New Zealand’s election gag law suspends iPredict’s political prediction markets. — [LINKS]

- Election gags and efficient markets. – Election gag.

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Though not a legal, registered financial advisor, Justin Wolfers hands out financial ‘advice’ to anyone who is foolish enough to listen. — [SCREENSHOT]

More. – “A financial adviser or stock broker should be licensed to provide any consultation on investment in securities.” -

Posted in Analysis (Market Calls), Betting, Collective Forecasting, Collective Intelligence - Wisdom Of Crowds, Exchanges & Markets, Finance, Financial Markets, Market Prices & Probabilities, Prediction Journalism, Predictions - Forecasts, Regulations | Tagged , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Why does InTrade offer gold contracts to US customers when they signed a 2005 agreement with the CFTC not to offer commodity options to US customers? — [DOCUMENT]

InTrade does it. (Hat tip to a MO reader.) InTrade wasn’t authorized to trade yearly contracts. Do you, guys, have an explanation on why InTrade does it anyway? Release: 5124-05 For Release: October 4, 2005 U.S. COMMODITY FUTURES TRADING COMMISSION … Continue reading

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Internet “non-gambling” in D.C. — [LINK]

Nelson Rose.

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To get news on the E-cat, come here on Midas Oracle. To get news on CFTC rulings, go to Knowledge Problem. — [IRONY]

It should be the other way around, but those are not normal times.

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BetFair news — [LINKS]

- BetFair’s LMAX is a failure. – BetFair moves to Gibraltar. – CEO’s health.

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