Opposition is Mounting to the CFTC's Oversight of Sports Contracts
Also, CFPB workers brace for cuts after appellate ruling
Early in February, the CFTC announced it wanted to develop a “robust administrative record” to guide new rules for sports-related event contracts. A much-anticipated roundtable on the topic is behind schedule, but the comment file has grown thick – and chock full of opposition.
The initial feedback from Indian tribes, the gaming industry, investor advoca…