Tag: jurisdiction

CFTC Sues Rhode Island to Protect Federal Jurisdiction Over Contract Markets

28 May 2026 1:49 p.m.

The CFTC has sued to block Rhode Island from applying state gambling laws to federally registered contract markets. This intervention in federal court aims to preserve the Commission's jurisdiction over these financial instruments, preventing state-level interference.

Politics and Government Law Enforcement Business Federal Government State Governments Legal Financial Markets CFTC Rhode Island Lawsuit Jurisdiction Contract Markets Gambling Laws Government