Earlier this week, Suzanne Cosgrove wrote about the Commodity Futures Trading Commission's decision to prohibit Congressional Control Contracts, which it described as "cash-settled, binary (yes/no) contracts based on the question: “Will <chamber of...
When Betting Crosses Regulatory Lines
Posted on September 27, 2023
Judge Orrick Rules A Decentralized Autonomous Organization May Be Sued As An Unincorporated Association
Posted on December 29, 2022
Gertrude Stein is famously quoted as having written, "There is no there there". Although Ms. Stein intended a different meaning to the expression, the same statement might be used to describe a "decentralized autonomous organization" or DAO....
False Statements By Money Managers Support California Commodity Law Convictions
Posted on April 11, 2017
In 1990, California enacted the California Commodity Law, Stats. 1990, Ch. 969, Corp. Code § 29500 et seq. Although this law hasn't attracted the attention of legal writers, it has some very sharp teeth, as illustrated by the recent case of People...