The meetings were disclosed in the comments for the CFTC's request for public comments on the "Extension of Standard Futures Contracts to 24/7 Trading and on Perpetual Contracts Referencing Physically Delivered or Storable Energy Commodities."
The CFTC met with 11 entities regarding "concerns, costs, and risks of 24/7 trading in energy." The entities included:
ExxonMobil
bp
FIA Board Clearing Members
Vitol
Kinder Morgan
Castleton Commodities International
Oxy (Occidental Petroleum)
Shell
CCRO
Valero
Energy Transfer
@0xperp explains one use case for the indices and benchmarks @adjacent___ is building for prediction markets.
Link to the full episode in the comments.
John Lothian joins Prediction Markets Report to share his perspective on prediction markets, the CFTC, and perpetuals. While we have different perspectives, I appreciated the opportunity to discuss the reasoning behind his positions.
🎧 Listen here: https://t.co/ffopHJOfGa
Is the CFTC a consumer protection agency?
It is not. Carl Kennedy explains the limits of the CFTC's mandate and how those limits affect the protections the agency can and cannot require.
🎙️ New Episode Alert 🎙️
In this episode of Prediction Markets Report, Carl Kennedy, Partner at Katten, joins to discuss:
• The CFTC's Regulatory Agenda
• Insider Trading Enforcement and Jurisdictional Challenges
• Perpetuals: Futures or Swaps?
https://t.co/mZZvGTnzGu
🎙️New Episode Alert 🎙️
In this episode of Prediction Markets Report, I speak with @AlexWGoldenberg, an expert on national security and emerging threats.
🎧 Listen here: https://t.co/g5XQVNEHPP
🚨 ANPR Comment Alert🚨
NFLPA, MLBPA, NBPA, NHLPA, and MLSPA have submitted a comment.
Core concerns:
1. Protecting Athlete Safety
2. Ensuring Full Due Process Rights in Investigations
3. Protecting Athletes' Personal Health Information and Performance Data.
#predictionmarkets
🎙️ New Episode Alert 🎙️
In this episode of Prediction Markets Report, I speak with @BlondiePredicts, founder of @KalshiGirls, MUSE Markets, and Fifty One Alpha.
🎧 Listen here: https://t.co/e0TjFamiKM
Kalshi self-certified a new event contract related to media consumption.
Notably media:
"includes, but is not limited to: a specific song or track, an album, an EP, a playlist, a music video, a film, a television series or episode, a podcast or podcast episode, an audiobook"
NEW: Senator Chris Murphy is introducing new prediction market legislation today.
Preliminary press release:
U.S. Senator Chris Murphy (D-Conn.) and U.S. Representative Greg Casar (D-Texas-35) on Tuesday, March 17 at 10:30am will hold a press conference to introduce the Banning Event Trading on Sensitive Operations and Federal Functions (BETS OFF) Act, bicameral legislation to ban wagering on government actions, terrorism, war, assassination, and events where an individual knows or controls the outcome. Responding to alarming reports that prediction market accounts – likely owned by government insiders – placed large bets in the hours leading up to both the Venezuela operation and the initial Iran strikes, Murphy and Casar’s BETS OFF Act would put a stop to these corrupt wagers, crack down on prediction markets that flout the law with offshore platforms, and reject the idea that we should commodify every part of our lives.
Tomorrow on Cheeky Pint: @mansourtarek_ and @luanalopeslara of @kalshi join @matthuang and me to explain how they sued the US government to legalize election prediction markets, and won.
The regulatory landscape for prediction markets has shifted.
Episode 2 of Prediction Markets Report covers the major developments in prediction markets and analyzes the two recent releases from the CFTC.
🎧 Listen here: https://t.co/sCuKMrWT1f