In March 2021, a futures exchange, ErisX, voluntarily withdrew an application with the Commodity Futures Trading Commission ("CFTC," the main derivatives regulator) to list a futures contract tied to events in NFL games such as point spread and total points. It had become clear that the CFTC was going to reject it as a "prohibited event contract." The issue likely would have faded away except that one of the CFTC's five commissioners, Brian Quintenz, released a statement "blowing the whistle" on the non-public agency process and questioning the CFTC's authority. Join Commissioner Quintenz for a discussion.
Featuring:
-- Hon. Brian D. Quintenz, Commissioner, Commodity Futures Trading Commission
-- Moderator: Gary Kalbaugh, Special Professor of Law, Maurice A. Dean School of Law
* * * * *
As always, the Federalist Society takes no position on particular legal or public policy issues; all expressions of opinion are those of the speaker.