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CFTC Looks to Soften the Blow From Its Coming Rejection of Political Betting

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CFTC Looks to Soften the Blow From Its Coming Rejection of Political Betting

Also, a federal judge blasts the SEC's 'no admit, no deny' policy

Oct 31, 2022
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CFTC Looks to Soften the Blow From Its Coming Rejection of Political Betting

www.capitolaccountdc.com

All signs are pointing toward the CFTC rejecting a controversial proposal that would let investors wager on congressional elections. But the agency, which blew past its self-imposed deadline for the decision on Friday, is still grappling with the potential consequences of its likely action – because it faces intense pressure from financial firms and gam…

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