Does Michael Selig Have Conflicting Interests as CFTC Chair?
Michael Selig, the new chairman of the Commodity Futures Trading Commission (CFTC), is unlikely to combat sporting events on prediction markets based on previous comments. After the CFTC attempted to prohibit prediction market Kalshi from offering contracts on elections, Selig was one of the lawyers that argued in favor of Kalshi. Selig also has backed … Read more