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CFTC files amicus brief in Ninth Circuit asserting exclusive jurisdiction over prediction markets
- CFTC files amicus brief in Ninth Circuit asserting exclusive jurisdiction over prediction markets — The CFTC said it filed an amicus brief in North American Derivatives Exchange v. Nevada confirming its exclusive jurisdiction over commodity derivatives markets, including event contracts. Chairman Michael Selig said CFTC-registered exchanges have faced an onslaught of lawsuits seeking to limit access to event contracts. (FX News Group)
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