CFTC Orders Kalshi to Honor Trades a Michigan Court Told It to Cancel, Escalating a State Jurisdiction Fight

The federal derivatives regulator pushed against a court order requiring Kalshi to cancel Michigan trades, with Chairman Mike Selig warning states cannot force a registered exchange to unwind executed deals. The post CFTC Orders Kalshi to Honor Trades a Michigan Court Told It to Cancel, Escalating a State Jurisdiction Fight appeared first on Unchained.