CFTC Sues Utah to Prevent It from Restricting Registered Prediction Markets
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On October 27, 2026, the CFTC sued Utah, seeking to prevent the state from shutting down CFTC-registered contract markets under state law. The CFTC said Utah had previously brought civil enforcement actions in state court against markets it regulates and other businesses. The CFTC also said it had initiated legal proceedings against nine other states and filed complaints in four federal courts of appeals and one state supreme court.
AI-written from reports · updated 2 hours ago
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- CFTC — Press releasesSelectedCFTC sues Utah to prevent it from restricting federally registered prediction markets
CFTC sued Utah on October 27, 2026, seeking to prevent the state from shutting down contract markets registered with CFTC under state law. Utah had previously initiated civil enforcement actions in state court against CFTC-regulated markets and other businesses; CFTC also said it had launched legal proceedings against nine other states and filed complaints with four federal appellate courts and one state supreme court.
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