CFTC Spurned on Sports Betting
Also, Trump bashes Fed; Powell speaks on crypto, executive orders and the president; Gensler returns to MIT
A few months after its failed attempt to prohibit election wagers in futures markets, the CFTC is facing a similar test over sports betting. Only this time around, there has been no high-profile court fight. In fact, two trading platforms are already listing contracts on a variety of events, including the Super Bowl, without even waiting for the agency’…