Kalshi Fires Back At CFTC's 'Futile' Election Betting Appeal

By Jessica Corso ( November 15, 2024, 8:02 PM EST) -- The Commodity Futures Trading Commission is attempting to "rewrite" its governing statute by claiming that placing bets on the outcome of elections is a form of prohibited gaming, trading platform KalshiEx LLC told the D.C. Circuit on Friday as it fought to continue listing election contracts in the future....

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