Event Contracts

The CFTC sued Louisiana on November 13, 2026, seeking to block state restrictions on event contracts offered by federally regulated derivatives businesses. The dispute could affect the operating environment for firms serving event-contract markets, but the announcement identifies no procurement, contract award, or funding action.

The CFTC sued Arkansas on November 13, 2026, arguing that federal law preempts the state’s efforts to halt event-contract trading and seek civil penalties against CFTC-registered exchanges. The case follows Arkansas’s enforcement action against Kalshi and adds to similar litigation involving 10 other states, creating regulatory uncertainty for prediction-market operators and their support providers.