CFTC Sues Arkansas Over State Restrictions on Event-Contract Trading
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.