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CFTC Loses Court Battle Over Election Betting Contracts

By Jessica Corso ( September 6, 2024, 6:20 PM EDT) -- A Washington, D.C., federal judge ruled against the U.S. Commodity Futures Trading Commission on Friday in a case that challenged an agency ban on the use of the derivatives markets to place bets on the outcome of U.S. elections, granting victory to trading platform KalshiEx LLC. ...

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