Feds Sue States Over Prediction Market Power Struggle!
The Commodity Futures Trading Commission, that paragon of regulatory prowess, and the Department of Justice, ever the zealous enforcers of federal might, filed lawsuits on April 2 against three states, their actions as sudden as a rogue snowstorm in a Moscow spring. The agencies targeted Arizona, Connecticut, and Illinois, seeking to reaffirm their exclusive jurisdiction over designated contract markets offering event contracts, a battle as old as the hills and as tiresome as a serf’s daily toil.







