"To those who seek to challenge our authority in this space: let me be clear. We will see you in court," Selig wrote.
Polymarket Sues Massachusetts Ahead of Looming Ban of Kalshi Sports Markets
"America is home to the most liquid and vibrant financial markets in the world because our regulators take seriously their obligation to police fraud and institute appropriate investor safeguards," he wrote. "Any erosion of the CFTC’s ability to regulate transactions in commodity derivatives is a direct threat to the markets and investors Congress intended the agency to oversee."
