CFTC backs Kalshi in Ohio fight over prediction markets jurisdiction

13th May, 2026

Narayani Srinivasan

The US financial markets regulator has filed an amicus brief with the Sixth Circuit, challenging Ohio's 2025 complaint filed against Kalshi, reiterating the watchdog’s exclusive authority over the burgeoning prediction markets.

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ABN AMRO
Bank of America
CBOE
Citi
Goldman Sachs
DRW Holdings
HSBC
J.P Morgan
Marex
Morgan Stanley
SGX
SocGen
Susquehanna
MUFG Investor Services
TP ICAP
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