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New York asks federal judge to give no weight to CFTC proposal classifying sports event contracts as swaps, NEXTPredict reports
- New York asks federal judge to give no weight to CFTC proposal classifying sports event contracts as swaps, NEXTPredict reports — In an October 23 filing, New York Attorney General Letitia James's office told US District Judge Lorna Schofield the CFTC's unfinished swaps proposal is irrelevant and should be given no weight in the federal case over state gambling enforcement. Kalshi has cited the same rulemaking in cases nationwide, including an October 9 request for Sixth Circuit reconsideration and an October 23 suit against Louisiana officials. (NEXTPredict)
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