Tag Archives: CFTC

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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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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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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U.S. futures regulators issued draft proposals to curb speculative trading in commodities, despite concerns that the regulators lack enough market data.

“The CFTC voted 4-1 Thursday to propose the trading curbs in more than two dozen commodities including oil, corn, soybeans and coffee.”

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U.S. regulators unveiled a series of proposed governance rules for derivatives clearinghouses and trading platforms that are designed to protect the market.

The proposals by the Commodity Futures Trading Commission would be the first major step by the agency toward regulating the opaque $615 trillion over-the-counter derivatives market.

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Sports Risk Index would allow you to hedge risks on sport prediction markets.

The patent. The latest developments. (audio) I am skeptical, since the US Congress has just outlawed movie prediction markets, but I wish good luck to Chris Rabelais et al. Maybe the political scene will be different next year, who knows. … Continue reading

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Liberal politicians (sucking up to the Hollywood lobby) have managed to destroy one promising financial innovation applied to the movie business.

Cantor Fitzgerald abandoning box-office futures despite regulatory approval. CNBC: The End of the Box Office Futures Business The Wrap

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CFTC Takes Jurisdiction Over “Prediction Markets”.

First, a hearty congratulations to Robert Swagger and Trend Exchange. Along with the Cantor Exchange folks, they have run quite a gauntlet, and although there remains a tremendous obstacle in the form of the Lincoln amendment, I consider these exchanges … Continue reading

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BREAKING: The CFTC approves MDEX’s real-money prediction markets on movie box office.

“In a 3-2 vote, the Commodity Futures Trading Commission on Monday afternoon approved a contract created by the company Media Derivatives that would allow traders to bet on the gross receipts that a movie pulls in during its opening weekend.” … Continue reading

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