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Kalshi asks Supreme Court for a monthlong extension as rehearing petitions move in the Sixth and Ninth Circuits
- Kalshi asks Supreme Court for a monthlong extension as rehearing petitions move in the Sixth and Ninth Circuits — Kalshi has asked the Supreme Court for a monthlong extension to respond while it pursues rehearing petitions in the Sixth and Ninth Circuits, pausing immediate review of the federal-versus-state fight over sports event contracts. The Third Circuit sided with Kalshi while the Sixth and Ninth sided with states, and the CFTC's proposed swaps classification for event contracts could change which markets fall under federal oversight. (Particle News)
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