Tag Archives: US Commodity Futures Trading Commission

Why does the CFTC allow the Cantor Exchange and not InTrade?

Joe Weisenthal has a small opinion piece on why the CFTC allows real-money prediction markets on movie business, and bans those on politics or sports. The problem in the piece is that Joe is 100% wrong. Joe says that there … Continue reading

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Prediction Markets in India

Eric Zitzewitz (in the November 2008 edition of The Analyst, an Indian publication for financial analysts): I think the CFTC is likely to define a set of limits which, if followed, will subject a prediction [exchange] to CFTC regulation which … Continue reading

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My response to the CFTC on event contracts

Here is my response to the CFTC’s “Concept Release on the Appropriate Regulatory Treatment of Event Contracts.” I appreciate this opportunity to help in working towards regulated prediction markets in the US, and I thank the Commissioners for it. Given … Continue reading

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The CFTC takes a necessary step toward sorting out its role with respect to prediction markets.

As noted here in multiple posts over the past few days, the U.S. Commodity Futures Trading Commission is thinking about prediction markets. Last week it released a “Concept Release on the Appropriate Regulatory Treatment of Event Contracts” and invited public … Continue reading

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David Pennock on US gambling/futures laws and the legality of prediction exchanges.

David Pennock lists what is currently legal in the U.S. Here are three points he makes: HedgeStreet is one of the few companies that has trudged down the lengthy, costly, and arduous path of obtaining official sanction from the US … Continue reading

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