With the ongoing evolution of derivatives market infrastructure, and with the advent of new derivatives products, the Commodity Exchange Act is becoming an increasingly relevant statute in state and private party litigation. Please join our expert panel from Milbank LLP for a timely discussion of cases and controversies under this time-tested law in the emerging financial markets space.
CONTINUE READINGPresenters will first identify what event markets and prediction markets are, as well as the commonalities and the differences between the two. Next, the discussion will focus on CFTC’s regulatory authority over these markets, what constitutes (or does not) gambling and betting, and how these markets have been developing in the past several years. Finally, presenters will survey recent litigation involving the States and attempt to predict what this industry will likely look like in a few years given legal, political, market and technological developments.
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