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CFTC chair warns against state-level prediction-market rules

By SectorWire desk ·

Summary

CFTC chairman Michael Selig said state regulation of prediction markets would undermine federal market integrity. He made the comments at the Flyover Fintech conference in Lincoln, Nebraska.

Why it matters

Selig’s statement opposes state-level rules for prediction-market operators.

Entity maplicensed bylicensed byMichael SeligCFTCUSAKalshiNovig
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