Bloomberg Law | CFTC relief opens prediction market floodgates for app makers

In an article for Bloomberg Law, White & Case partner Joel Cohen discusses the CFTC's recent no-action relief for software providers offering access to prediction markets and what it could signal for the evolving regulatory landscape.

Cohen explains, "This strikes me as being a serious effort by the CFTC to find that middle ground." He adds that companies should closely monitor guidance from the National Futures Association and regulators as more specific conditions around passive software providers continue to take shape.

Read the full article here.

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