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CFTC enforcement issues advisory on illegal trading in event contracts
- CFTC enforcement issues advisory on illegal trading in event contracts — The CFTC's Division of Enforcement issued an advisory on illegal trading in event contracts after two Kalshi disciplinary actions became public, including a political candidate trading his own candidacy markets and an individual with advance knowledge of a YouTube creator's content trading related markets. The advisory asserts the agency's authority to police insider trading, wash sales, pre-arranged and disruptive trading on designated contract markets. (Galaxy Research)
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