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CFTC Grants Phantom Tech No-Action Letter

Published 2 weeks, 1 day ago
Description

Phantom Technologies receives CFTC no-action letter, allowing it to connect users to traditional markets without registering as an introducing broker. This marks a significant step under new CFTC Chair Michael Selig, who also defends the agencys role in overseeing prediction markets and signs a deal with the SEC to reduce regulatory turf battles.

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