CFTC Takes Legal Action Against Utah to Protect Prediction Markets from State Regulation

10/27/2026

The U.S. Commodity Futures Trading Commission (CFTC) has filed suit against the State of Utah and its Attorney General Derek Brown, escalating a high-stakes legal battle over prediction markets...

10/27/2026

The federal complaint targets Utah's case against Kalshi and Susquehanna, seeking to bar investigations as well as enforcement against federally regulated markets.... Read the full story at The...

10/27/2026

On October 27, 2026, the US Commodity Futures Trading Commission (CFTC) filed a lawsuit against the state of Utah to prevent it from enforcing its gambling laws on prediction markets operating...

10/27/2026

The U.S. Commodity Futures Trading Commission has pursued more than a dozen legal actions to protect what its chief sees as its sole power over prediction markets.