In NCLA Amicus Win, Fifth Circuit Blocks CFTC’s Abusive Policy Reversal Against PredictIt Market

The U.S. Court of Appeals for the Fifth Circuit has ruled that the Commodity Futures Trading Commission’s threatened crackdown on the PredictIt Market without clear explanation was “likely arbitrary and capricious.” The Court ordered the U.S. District Court for the Western District of Texas to grant a preliminary injunction against CFTC’s action in the case of Clarke v. CFTC.

Mark interviews NCLA Senior Litigation Counsel Russ Ryan about NCLA’s Fifth Circuit amicus victory in Clarke v. CFTC.

The ‘MAGA’ Supreme Court Rulings

Mark and Vec criticize Harvard Law Professor Mark Tushnet’s recent letter telling President Biden to defy ‘MAGA’ Supreme Court rulings.

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