CFTC probes Super Bowl wagers offered by Crypto.com, Kalshi: Report
The US Commodity Futures Trading Commission has reportedly asked Crypto.com and predictions market Kalshi to explain how their Super Bowl events contracts comply with derivatives regulations. “We are continuing to review the contracts in accordance with our regulations,
Robinhood Receives US CFTC Request to Roll Back Super Bowl Prediction Contracts
(Reuters) - Robinhood said on Tuesday it had received a formal request from the U.S. Commodity Futures Trading Commission to roll back its Super Bowl betting contracts product. The trading platform had launched the event contracts on Monday to let U.S. customers wager on the outcome of the Super Bowl clash.
Robinhood Says CFTC Asked It to Halt Super Bowl Wagers
Robinhood Markets Inc. said it received a formal request from the Commodity Futures Trading Commission to suspend its offerings for traders to place bets on the outcomes of the Feb. 9 Super Bowl game.
Robinhood suspends trading in Super Bowl betting contracts after CFTC directive
Robinhood said on Tuesday it had suspended trading in Super Bowl betting contracts after the brokerage received a request from the U.S. Commodity Futures Trading Commission. "We are heeding their directive to cease offering these contracts despite the fact that the CFTC has not deemed Kalshi's football championship contracts illegal,
Robinhood Hits the Brakes on Sports Event Contracts Following CFTC Request
Robinhood reversed course just a day after introducing events contracts that would have allowed investors to trade based on the outcome of the Super Bowl.
Robinhood halts Super Bowl betting after CFTC request
Robinhood Markets Inc (NASDAQ:HOOD). announced the suspension of its newly launched Super Bowl betting feature in response to a request from the Commodities and Futures Trading Commission (CFTC).
Reuters1mon
U.s. Commodity Futures Trading Commission
Canadian Imperial Bank of Commerce will have to pay a penalty of $1.25 million to the Commodity Futures Trading Commission for failing to report swap transactions in a timely manner on ...
Acting CFTC Chair Restructures Agency's Enforcement Division
WASHINGTON (Reuters) - The U.S. Commodity Futures Trading Commission will reorganize its Division of Enforcement's task ...
Bloomberg L.P.22d
CFTC Reviews Crypto.com Super Bowl Contracts, Seeks Pause
The Commodity Futures Trading Commission put Super Bowl and other sports-related derivatives contracts traded on Crypto.com’s exchange under review to determine whether they meet legal ...
Investopedia13d
What Commodities Trading Really Means for Investors
CPOs must provide you with periodic account updates and annual financial reports ... advice must be registered with the U.S. Commodity Futures Trading Commission (CFTC). Registration ...
Trump Picks Caroline Pham to Serve as Acting CFTC Chair, Bloomberg News Reports
(Reuters) - U.S. President-elect Donald Trump has selected Republican Commodity Futures Trading Commission official Caroline Pham as the agency's acting chair, Bloomberg News reported on Monday, ...
Bloomberg L.P.23d
Super Bowl Bets on Crypto.com Poised for CFTC Review of Legality
The five-member Commodity Futures Trading Commission is in the process of voting on a measure to subject the contracts to a 90-day review, according to people familiar with the matter, who ...
Pensions&Investments6d
SEC, CFTC extend compliance date of amended reporting requirements for private funds
On Jan. 29, the SEC and CFTC delayed the compliance date for the amendments to June 12 — a three-month extension from the ...
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Hershey seeking CFTC approval to buy more ICE cocoa than allowed, says report
NEW YORK, Jan 8 (Reuters) - Chocolate maker Hershey Co (HSY.N), opens new tab has requested permission from the Commodity Futures Trading Commission ... maximum allowed, a report said on ...
Business Insider28d
Hershey seeks permission for large cocoa futures purchase, Bloomberg says
Hershey (HSY) is asking the Commodity Futures Trading Commission for permission to buy ... Lydia Beyoud and Isis Almeida of Bloomberg report, citing people familiar with the matter.