PRESS RELEASE
17 July 2026

Trump Regulator Orders Kalshi To Defy Michigan Court – Escalating Battle Over Prediction Markets

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Littler Mendelson

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With more than 1,800 labor and employment attorneys in offices around the world, Littler provides workplace solutions that are local, everywhere. Our diverse team and proprietary technology foster a culture that celebrates original thinking, delivering groundbreaking innovation that prepares employers for what’s happening today, and what’s likely to happen tomorrow
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The Commodity Futures Trading Commission has issued an order preventing states from regulating prediction markets, creating a complex legal landscape across different jurisdictions.
United States

Steve Silver says an order from the Commodity Futures Trading Commission meant to stop states from reigning in prediction markets "adds whole new layers of complications" to what is now a patchwork of different rulings in different jurisdictions for the multibillion-dollar industry.

CNN

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Littler Mendelson logo
With more than 1,800 labor and employment attorneys in offices around the world, Littler provides workplace solutions that are local, everywhere. Our diverse team and proprietary technology foster a culture that celebrates original thinking, delivering groundbreaking innovation that prepares employers for what’s happening today, and what’s likely to happen tomorrow
Explore Firm Details
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