Macro Finance
Ninth Circuit Opinion Provided 'More Confusion Than Clarity,' Says Kalshi Board Member
Bloomberg Markets·August 31, 2026·1 min read
Brian Quintenz, KalshiEx board member and former CFTC commissioner, said a Ninth Circuit ruling on sports prediction markets provided 'more confusion than clarity.' He noted regulation will likely reach the Supreme Court to define what constitutes a legal derivatives event.
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