The Commodity Futures Trading Commission has filed an amicus brief in a U.S. appeals court backing prediction market operator Kalshi in its legal fight against Ohio regulators, as the agency seeks to reinforce federal oversight of prediction markets.
The brief, filed in the U.S. Court of Appeals for the Sixth Circuit in the case KalshiEx LLC v. Matthew T. Schuler, et al., argued that the CFTC has...
