The Gaming Industry's Top D.C. Advocate Has a Few Thoughts on Prediction Markets and the CFTC

Also, Bessent defends push to enlist banks in checking citizenship; RBC poaches lobbyist from ABA

Sponsored by MFA, the trade association for the global alternative asset management industry.

Friday Q and A: Thanks to CFTC Chairman Mike Selig, prediction market companies have been on a winning streak in Washington. The commodities regulator has gone to great lengths to back their expansion into the gambling business, even suing states that objected. …