Prediction Market Kalshi Sues U.S. CFTC for Denying Its Contracts for Congressional Elections

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    When the CFTC denied the application earlier this year, Commissioner Summer Mersinger dissented, arguing, "It is important for the commission to make this determination the right way – by undertaking a public rulemaking process." However, she added, "my dissent should not be taken as an endorsement of Kalshi’s Congressional Control Contracts."


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