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Election betting: Appeals court fast-tracks CFTC challenge to Kalshi political bets

CNBC
Summary
Nutrition label

87% Informative

Kalshi and Interactive Brokers are offering election contracts that pay off as bets on U.S. political elections.

The Commodity Futures Trading Commission is challenging the right to offer such contracts.

The quick appellate schedule calls for the CFTC to file its legal brief by Wednesday .

The CFTC says election contracts "are susceptible to market manipulation" and pose a risk to election integrity.

VR Score

90

Informative language

89

Neutral language

89

Article tone

formal

Language

English

Language complexity

59

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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no affiliate links