CFTC Orders Kalshi to Honor Trades a Michigan Court Told It to Cancel, Escalating a State Jurisdiction Fight
The federal derivatives regulator pushed against a court order requiring Kalshi to cancel Michigan trades, with Chairman Mike Selig warning states cannot force a registered exchange to unwind…
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CFTC Orders Kalshi to Honor Michigan Trades, Escalating Fight With States Over Prediction Markets
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CFTC has ordered Kalshi to keep operating in Michigan despite the platform already unwinding sports event trades to comply with a state cour
U.S. CFTC moves to stop Kalshi from canceling trades as ordered by Michigan court
The federal derivatives regulator, which oversees trading at Kalshi, argued it was inappropriate for Michigan to "bully" the firm into rever
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The U.S. Commodity Futures Trading Commission has intervened to prevent prediction market platform Kalshi from being forced to cancel trades
CFTC says states cannot force Kalshi to cancel executed trades
The CFTC has blocked Kalshi's proposed trade cancellations and ordered the exchange to fulfil executed contracts involving Michigan resident
CFTC Blocks Michigan’s Attempt to Cancel Kalshi Prediction Market Trades
CFTC overrules Michigan court order to cancel Kalshi trades, escalating federal-state clash over prediction market regulation and gambling l
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