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Council on Foreign Relations report says more than 1.4 billion dollars will be staked on midterm prediction markets and calls for new insider-trading standards, CFR reports
- Council on Foreign Relations report says more than 1.4 billion dollars will be staked on midterm prediction markets and calls for new insider-trading standards, CFR reports — The report says election markets will operate at scale ahead of a possible Supreme Court decision on whether they qualify as swaps, and recommends Congress and the CFTC define insider-trading rules, require disclosure of large positions and adequately fund the CFTC. (CFR)
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