CFTC Investigates Crypto.com and Kalshi for Super Bowl Event Contracts
The U.S. Commodity Futures Trading Commission (CFTC) has pushed back against Super Bowl event contracts launched by the exchange Crypto.com and the retail betting market Kalshi.
Robinhood Hits the Brakes on Sports Event Contracts Following CFTC Request
Robinhood reversed course just a day after introducing events contracts that would have allowed investors to trade based on the outcome of the Super Bowl.
Robinhood Yanks Super Bowl Betting Contracts After Regulator’s Pushback
The CFTC asked the brokerage to stop offering customer access to contracts, warning that they might be illegal blurring of financial markets and gambling.
Robinhood suspends trading in Super Bowl betting contracts after CFTC directive
Robinhood said on Tuesday it had suspended trading in Super Bowl betting contracts after the brokerage received a request from the U.S. Commodity Futures Trading Commission. "We are heeding their directive to cease offering these contracts despite the fact that the CFTC has not deemed Kalshi's football championship contracts illegal,
Robinhood and Kalshi Partner to Introduce Event Trading for Super Bowl LIX
Don’t invest unless prepared to lose all the money you invest. This is a high-risk investment, you shouldn’t expect to be protected if something goes wrong.
Robinhood Says CFTC Asked It to Halt Super Bowl Wagers
Robinhood Markets Inc. said it received a formal request from the Commodity Futures Trading Commission to suspend its offerings for traders to place bets on the outcomes of the Feb. 9 Super Bowl game.
Robinhood suspends Football Championship market after CFTC request
The Commodity Futures Trading Commission has formally requested that Robinhood (HOOD) Derivatives “not permit customers to access” sports event
Robinhood halts Super Bowl betting after CFTC request
Robinhood Markets Inc (NASDAQ:HOOD). announced the suspension of its newly launched Super Bowl betting feature in response to a request from the Commodities and Futures Trading Commission (CFTC).
Trump and Musk’s Actions Amount to Significant Pullback on Financial Regulation
Agencies overseeing consumer financial affairs, wealth managers, and commodity traders all seem to be scaling back oversight ...
Compliance Week8h
CFTC’s Pham announces end to ‘regulation by enforcement,’ consolidates task forces
The Commodity Futures Trading Commission's enforcement division will end the practice of "regulation by enforcement," ...
decrypt1h
CFTC to Review Prediction Markets in Public Roundtable
The CFTC's roundtable review is expected to influence both centralized and blockchain-based prediction markets.
CFTC Reorganizes Enforcement Division Into Two Task Forces
The derivatives market regulator is reorganizing its enforcement division in a move it said will end the practice of ...
Acting CFTC chair restructures agency's enforcement division
The U.S. Commodity Futures Trading Commission will reorganize its Division of Enforcement's task forces to end "regulation by ...
Business Observer7h
Three men ordered to pay $129M in fraud that began in Lee County
A fraud case that originated in Lee County and now includes civil fines, jail time for one perpetrator and a pair of alleged ...
decrypt5d
Coinbase Eyes Solana Futures Launch as It Ramps Up Derivatives Push
The crypto exchange aims to launch $25,000 SOL derivatives, betting on institutional appetite as the token's volatility soars ...