U.S. appeals court rules against prediction markets, sets up likely fight at Supreme Court
The Ninth Circuit Court of Appeals ruled that sports-related event contracts are not swaps, contradicting a Third Circuit ruling from April.
The Ninth Circuit Court of Appeals ruled that sports-related event contracts are not swaps, contradicting a Third Circuit ruling from April. This story matters for Finance & Markets readers tracking fund. Reported by cnbc.com. Read the full original at the source link below.
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