CFTC sues New Mexico over sports prediction markets crackdown

15th June, 2026

Narayani Srinivasan

The US futures and swaps watchdog has sought a permanent injunction against New Mexico from enforcing pre-empted state laws, marking the latest state the regulator has brought to court in its campaign to assert 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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