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Kalshi files for Ohio and Tennessee rehearings based on CFTC new swaps rule
- Kalshi files for Ohio and Tennessee rehearings based on CFTC new swaps rule — Kalshi filed a motion for rehearing in the Sixth Circuit citing the CFTC Notice of Proposed Rulemaking published October 9, which seeks to include sports, politics, cultural and weather event contracts in the definition of swaps. The Sixth Circuit had ruled in September that Ohio and Tennessee could regulate Kalshi sports contracts under state gambling laws. (Global Gaming Insider)
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