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NFL bars personnel from trading sports event contracts under gambling policy

Regulation

The NFL said its gambling policy prohibits league personnel from trading sports event contracts, a position Chief Compliance Officer Sabrina Perel outlined on a media call. The league said it is informing personnel that platforms offering such contracts fall within the policy; Kalshi disputed the NFL’s concerns and cited its CFTC oversight and safeguards.

The policy affects league personnel’s access to sports event contracts and reflects an active dispute over their safeguards.

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CFTC issues staff guidance on listing and trading event contracts

The US Commodity Futures Trading Commission issued an advisory on 12 March providing staff guidance on the listing and trading of event contracts. The agency said the guidance was intended for market participants, legal counsel and other stakeholders; it was the CFTC’s first staff guidance on the topic since chairman Michael Selig’s confirmation in December.

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