CME, Kalshi clash over prediction market rules at first CFTC advisory meeting
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The Commodity Futures Trading Commission's (CFTC) first Innovation Advisory Committee meeting exposed sharp divisions over how to regulate the rapidly expanding prediction markets industry, with CME Group CEO Terry Duffy warning that some contracts could be vulnerable to manipulation. The meeting o…
The Commodity Futures Trading Commission's (CFTC) first Innovation Advisory Committee meeting exposed sharp divisions over how to regulate the rapidly expanding prediction markets industry, with CME Group CEO Terry Duffy warning that some contracts could be vulnerable to manipulation. The meeting on Thursday brought together more than 30 members from financial and technology companies, including...