Prediction markets are booming, and regulators, lawmakers, and enforcement agencies are racing to keep up. In this new podcast series, Cleary partners Deborah North and Helena Grannis and counsel Brian Morris unpack the rapidly evolving legal and regulatory landscape surrounding these markets.
Our first episode highlights the dramatic growth in prediction market activity, how event contracts work, and why their classification, as swaps, securities, or something else, has attracted so much attention. The discussion covers the CFTC’s proposed regulatory framework, early enforcement actions that are already testing the boundaries, and the federal-state jurisdictional battle that could shape the future of the entire market.
Access the first episode below, and subscribe to stay ahead of one of the most consequential regulatory developments in the derivatives space.
Select from the following links to listen: