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TD Cowen Says Trump Post Will Not End Prediction Market Legal Fight

2026-05-29 18:26:28

Abstract generation in progress

TD Cowen said President Donald Trump's support for CFTC authority over prediction markets is unlikely to change the legal battle over event contracts. Jaret Seiberg said the Supreme Court may ultimately decide whether federal commodities law preempts state gambling laws.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

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