CFTC expands state lawsuit campaign with Minnesota challenge

20th May, 2026

Narayani Srinivasan

The US markets regulator has sued Minnesota, seeking to block a newly enacted law that would criminalise those operating or assisting in the operation of certain prediction markets, marking the latest move by the watchdog to reiterate its exclusive authority over the booming 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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