Article
Dodd and Gensler Urge Supreme Court Review of Sports Event Contracts
Former Senator Christopher Dodd and former CFTC Chairman Gary Gensler have filed amicus briefs challenging the Third Circuit's ruling that federal commodities law preempts New Jersey's regulation of sports event contracts. Their central argument contends that Congress enacted Dodd-Frank to regulate financial derivatives, not to transfer sports-betting oversight from states and tribes to the CFTC, raising fundamental questions about whether sports contracts qualify as swaps and the scope of federal preemptio
Steptoe LLP