Former SEC, CFTC Chairman Gary Gensler argues that prediction markets do not override government regulations
“To put the argument in the clearest real-world terms: Senate Majority Leader Harry Reid of Nevada would never have consented to or passively accepted legislation that displaced an activity so critical to his state’s economy and politics by only allowing sports betting under CFTC auspices,” Gensler’s brief said. Courts have so far been divided; some […]









