Akin Attorneys Author Bloomberg Law Article Discussing Expected Rulemaking on Prediction Markets
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Bloomberg Law has published an article titled, “CFTC Wants to Answer the Tough Questions on Prediction Markets” authored by Akin white collar defense & government investigations senior counsel Jack Murphy and associate William Fowkes. The article examines the key issues expected to shape the CFTC’s upcoming rulemaking on prediction markets, following its March 12 advance notice of proposed rulemaking.
The authors highlight that “as prediction markets grow from a fringe curiosity to an established financial sector, the CFTC is seeking to keep pace. It’s asking similar questions regarding fraud and abuse, manipulability, public interest, and regulatory authority.”
For the full piece: https://news.bloomberglaw.com/legal-exchange-insights-and-commentary/ctfc-wants-to-answer-the-tough-questions-on-prediction-markets
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