
New York Times:
How CFTC Chairman Michael Selig reversed long-standing policy to authorize perpetual crypto and stock trades on Kalshi and others, despite SEC staff concerns — After a federal regulator allowed wagering on stocks and cryptocurrencies, two powerful trading clearinghouses filed lawsuits saying traders would not be properly protected.

New York Times:
How CFTC Chairman Michael Selig reversed long-standing policy to authorize perpetual crypto and stock trades on Kalshi and others, despite SEC staff concerns — After a federal regulator allowed wagering on stocks and cryptocurrencies, two powerful trading clearinghouses filed lawsuits saying traders would not be properly protected.
Source: TechMeme
Source Link: https://www.techmeme.com/261112/p23#a261112p23