News & Analysis as of

Commodity Exchange Act (CEA) Designated Contract Markets (DCMs) General Elections

WilmerHale

Market Integrity and Manipulation in Election Prediction Markets

WilmerHale on

Until recently, the Commodity Futures Trading Commission (CFTC) has limited the ability of US persons to participate in election markets. However, recent developments have allowed event contracts to be made available to US...more

BakerHostetler

District Court Charts Pathway for Election Gambling

BakerHostetler on

Kalshi is a CFTC registered exchange that allows for the placing of cash bets on a variety of real-world events. Specifically, through what it calls “event contracts,” Kalshi allows users to buy positions on whether an event...more

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