Michael Selig

“Contracts are at the risk of rejection based on arbitrary whims of political biases, and DCMs [designated contract markets] have been left operating in the dark,”

Michael Selig · said 2026-08-20 · reported 2026-08-21

Selig discussed the CFTC's June proposal to amend rules on event contracts during his introductory speech at the meeting.

“We've also protected federally regulated prediction markets from rogue state attorneys general like Letitia James, who seek to nullify federal law and drive these markets offshore to unregulated and foreign venues,”

Michael Selig · said 2026-08-19 · reported 2026-08-21

Selig criticized New York Attorney General Letitia James in remarks made at a White House event on cryptocurrency the day before the committee meeting.