The Growth of Prediction Markets

The Growth of Prediction Markets
Transcript
The CFTC regulates futures and swaps events and other things. Swaps are considered, event contracts are considered swaps. So the CFTC was deeply involved in this issue. The CFTC tried to prohibit event contracts on elections, and there was litigation on that topic. And ultimately the event contract prediction market prevailed in court and the CFTC ... Read More
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