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CFTC Sues New York to Assert Jurisdiction Over Prediction Markets

CFTC Sues New York to Assert Jurisdiction Over Prediction Markets

CFTC Sues New York to Assert Jurisdiction Over Prediction Markets
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CFTC sues New York to block oversight of prediction markets

CFTC sues New York to block oversight of prediction markets

By Jonathan Stempel NEW YORK, April 24 (Reuters) - The U.S. Commodity Futures Trading Commission sued New York on Friday, accusing the state of invading its authority to regulate prediction markets by filing lawsuits accusing Coinbase Financial Markets and Gemini Titan of promoting gambling.
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New York Lawmakers Reintroduce Bill to Limit Distressed Sovereign Debt Lawsuits

New York Lawmakers Reintroduce Bill to Limit Distressed Sovereign Debt Lawsuits

New York Lawmakers Reintroduce Bill to Limit Distressed Sovereign Debt Lawsuits
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Governor Hochul Bans State Employees from Prediction Market Insider Trading

Governor Hochul Bans State Employees from Prediction Market Insider Trading

Governor Kathy Hochul of New York has signed an executive order prohibiting state employees from engaging in insider trading on prediction market platforms such as Kalshi and Polymarket. This move is part of a broader effort to prevent public servants from using their positions for personal financial gain. The executive order also restricts state employees from sharing insider information that could be used for profit. Similar actions have been taken by Governors JB Pritzker of Illinois and Gavin Newsom of California, who have also issued executive orders to curb insider trading among state employees. These measures are in response to growing concerns about the potential misuse of nonpublic information by government officials, particularly in markets influenced by government actions.
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Holtzman Vogel Appoints Akiva Shapiro as New York Office Managing Partner

Holtzman Vogel Appoints Akiva Shapiro as New York Office Managing Partner

Holtzman Vogel Appoints Akiva Shapiro as New York Office Managing Partner
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Kalshi suspends three US congressional candidates for 'political insider trading'

Kalshi suspends three US congressional candidates for 'political insider trading'

By Jasper Ward WASHINGTON, April 22 (Reuters) - Prediction markets platform Kalshi said on Wednesday it has suspended three U.S. congressional candidates for "political insider trading," building on its efforts to block politicians and athletes from betting on contests in which they are involved.
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Crypto exchanges gear up to launch US perpetual futures ahead of rule change

Crypto exchanges gear up to launch US perpetual futures ahead of rule change

By Hannah Lang April 22 (Reuters) - Global crypto exchanges are racing to capitalize on the U.S. Commodity Futures Trading Commission's expected move to allow trading in perpetual crypto futures, a popular but risky derivatives product that has so far largely remained offshore.
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Sullivan Cromwell Litigators, Led by Jeff Wall, Transition to Gibson Dunn

Sullivan Cromwell Litigators, Led by Jeff Wall, Transition to Gibson Dunn

Sullivan Cromwell Litigators, Led by Jeff Wall, Transition to Gibson Dunn
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New York Prohibits State Employees from Insider Trading on Prediction Markets

New York Prohibits State Employees from Insider Trading on Prediction Markets

New York Prohibits State Employees from Insider Trading on Prediction Markets
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Holtzman Vogel Expands with Addition of Litigator Akiva Shapiro in New York

Holtzman Vogel Expands with Addition of Litigator Akiva Shapiro in New York

Holtzman Vogel Expands with Addition of Litigator Akiva Shapiro in New York
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JetBlue Faces Lawsuit Over Alleged Use of Personal Data to Increase Air Fares

JetBlue Faces Lawsuit Over Alleged Use of Personal Data to Increase Air Fares

JetBlue Faces Lawsuit Over Alleged Use of Personal Data to Increase Air Fares
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New York Attorney General Sues Coinbase and Gemini Over Unlicensed Prediction Markets

New York Attorney General Sues Coinbase and Gemini Over Unlicensed Prediction Markets

New York Attorney General Sues Coinbase and Gemini Over Unlicensed Prediction Markets