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Clarke et al v. Commodity Futures Trading Commission

  1. May 22, 2024

    DC Judge Ships CFTC Election Betting Suit Back To Texas

    A federal judge in the District of Columbia said Wednesday that a case challenging a Commodity Futures Trading Commission ban on an elections betting platform should never have been sent to her court, shipping the lawsuit back to Texas over the objections of the agency.

  2. March 04, 2024

    CFTC Pushes Back On 5th Circ. Order In Election Betting Case

    The U.S. Commodity Futures Trading Commission urged a D.C. federal judge on Sunday to not immediately return the agency's legal showdown against election betting platform PredictIt to Texas, despite a Fifth Circuit ruling that slammed the CFTC's decision to transfer the suit to the nation's capital in the first place.

  3. January 22, 2024

    CFTC Opponents Fight Transfer Of Election Betting Suit

    A lawsuit challenging the U.S. Commodity Futures Trading Commission's shutdown of an election gambling platform should remain in Texas while the platform's supporters appeal the "unprecedented" decision to ship the case to Washington, D.C., following a Fifth Circuit ruling in the case that was unfavorable to the agency, according to a motion filed by the platform's supporters Monday. 

  4. January 17, 2024

    CFTC Election-Betting Suit Sent To DC Over Austin Backlog

    An Austin, Texas-based federal judge said he was too busy to quickly resolve a lawsuit accusing the U.S. Commodity Futures Trading Commission of acting "arbitrarily and capriciously" in attempting to shut down an election-betting platform, agreeing with the agency that the case should be heard in Washington, D.C.

  5. November 21, 2022

    CFTC Election Betting Suit Referred To Magistrate Judge

    A lawsuit accusing the U.S. Commodity Futures Trading Commission of illegally shutting down an election betting platform has been referred to a Texas magistrate judge to rule on the CFTC's recently filed dismissal motion.

  6. September 21, 2022

    CFTC Wants Election-Betting Firm's Suit Moved To DC

    The U.S. Commodity Futures Trading Commission asked a Texas federal judge on Tuesday to move a suit accusing it of illegally shutting down an election-betting platform to the District of Columbia, arguing that none of the claims in the suit have anything to do with Texas and that the choice to file the case there "was not based on convenience or efficiency."

  7. September 12, 2022

    Election-Betting Firm Sues CFTC Over Order To Shut Down

    The U.S. Commodity Futures Trading Commission has been hit with a suit in Texas federal court claiming it is illegally shutting down Predict It Inc., a platform where betters can buy and sell contracts on the outcomes of political events such as elections.