Article
CFTC Exercises Emergency Authority Amid New York Prediction Market Dispute
On August 11, the CFTC announced that it exercised its emergency authority under Section 8a(9) of the Commodity Exchange Act (CEA) and ordered a federally regulated event-contract exchange to continue operating in accordance with the CEA’s Core Principles and normal practices.
Sheppard, Mullin, Richter & Hampton LLP