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New York tells federal judge CFTC swaps proposal deserves no weight in Kalshi fight, Next Predict reports
- New York tells federal judge CFTC swaps proposal deserves no weight in Kalshi fight, Next Predict reports — New York challenged the CFTC swaps proposal that Kalshi has cited in its Louisiana lawsuit and in a Sixth Circuit filing seeking reconsideration of a ruling allowing Ohio and Tennessee enforcement. The dispute adds to conflicting appeals court decisions on whether sports event contracts are swaps under federal jurisdiction. (Next Predict)
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