I’ve said it multiple times already, no matter what side you’re on in the Prediction Markets debate the law is clear. CEA (especially its Dodd-Frank changes) make clear the CFTC’s regulatory authority, and anyone arguing otherwise is doing so at the behest of the gambling lobby. Swaps are a fundamentally different instrument to a bet, even if the form of outcome seems similar to the layman. And the jurisdiction for swaps is clear. This also makes clear the CFTCs authority over all kind of prohibitions in its swaps domain, including enforcing US nexus laws to go after offshore players who violate rules on insider trading and war markets. While I’m sure some state will challenge this to the Supreme Court, I think it’s mostly likely the simply stay with the decision of the circuit court here.(Adam Cochran (adamscochran.eth))