Gambling on Politics: An Inside Look at the Issue That's Driving the CFTC Crazy
Also, Gruenberg signals FSOC won't shy away from regulating crypto; Takes on how Chopra will respond to CFPB ruling
For some eight years, the CFTC has allowed traders, investors, lobbyists, congressional staff – pretty much anybody – to bet on politics by buying financial contracts on the PredictIt market. The catch, however, is that the whole operation is an experiment, run by a university, for research purposes.
The unusual setup, it turned out, was very beneficial …
Keep reading with a 7-day free trial
Subscribe to Capitol Account to keep reading this post and get 7 days of free access to the full post archives.