The CFTC invokes emergency authority to keep Kalshi trading amid New York's lawsuitThe regulator ordered the exchange to continue operating under the Commodity Exchange Act's core principles on Tuesday, after @Kalshi notified it of a market emergency.New York Attorney General Letitia James sued on July 31, seeking to bar Kalshi from offering event contracts nationwide and more than $36 billion in damages. The @CFTC has filed suits against nine states over the issue. ...

NEW: The CFTC has invoked emergency authority to keep @Kalshi operating after New York's Attorney General sought to halt its event contracts nationwide and demanded more than $36 billion in damages. https://t.co/bm8tLK07u1 ...