First Read Hits & Takes John Lothian & JLN Staff Cboe Global Markets and S&P Dow Jones Indices (S&P DJI) announced on September 29 that they have signed a 25-year extension of their exclusive licensing agreement, securing Cboe’s exclusive rights to offer trading in its flagship S&P 500 Index (SPX) options through 2051. Building on […]
Read articleFirst Read Hits & Takes John Lothian & JLN Staff The CFTC published its proposed rulemaking in the Federal Register. Here is the summary from the CFTC: The Commodity Futures Trading Commission (Commission or CFTC) is proposing amendments to its rules concerning event contract derivatives. The markets for these event contracts are commonly referred to […]
Read articleFirst Read Hits & Takes John Lothian & JLN Staff The U.S. Court of Appeals for the Sixth Circuit unanimously ruled against Kalshi on Friday, September 25, allowing Ohio and Tennessee to enforce their gambling laws against its sports-event contracts, Jonathan Stempel of Reuters reported. The panel upheld the denial of a preliminary injunction in […]
Read articleFirst Read Hits & Takes John Lothian & JLN Staff In Freakonomics Radio’s episode published today titled “When Is a Bet Not a Bet?,” host Stephen J. Dubner examines whether prediction markets constitute financial innovation or gambling under a different regulatory framework. Kalshi co-founder and CEO Tarek Mansour argues that its peer-to-peer exchange differs fundamentally […]
Read articleFirst Read Hits & Takes John Lothian & JLN Staff The Psaros Center at Georgetown University’s Financial Markets Quality Conference was a big success yesterday, with an auditorium filled with students, former regulators, media, and financial markets participants. I spoke with former CFTC commissioner Brian Quintenz, chatted with former CFTC chairman Rostin Behnam, and sat […]
Read articleFirst Read Hits & Takes John Lothian & JLN Staff Euronext Chief Executive Stephane Boujnah has reopened the prospect of a landmark combination with Deutsche Borse, saying a merger, or, at minimum, a tie-up between the operators’ stock-exchange businesses, would make strategic sense, report Nikou Asgari and Paola Tamma at the Financial Times. Such a […]
Read articleFirst Read Hits & Takes John Lothian & JLN Staff Today is the 25th anniversary of 9/11/2001, a day those of us who lived through it shall never forget. We remember and honor those we lost. We share remembrances of the day. JLN has compiled an aggregation of stories on the front page of JohnLothianNews.com […]
Read articleFirst Read Hits & Takes John Lothian & JLN Staff In a Wall Street Journal op-ed, Paul Tudor Jones argues that when Donald Trump and Xi Jinping meet this month, they must confront artificial intelligence as a rapidly rising threat that has evolved dramatically since their last encounter. Frontier AI can now identify and exploit […]
Read articleFirst Read Hits & Takes John Lothian & JLN Staff DePaul University’s Department of Finance and Real Estate will host its “Cyber Risk: Supply Chain Risk in the Age of Agentic AI” Conference on Tuesday, October 20, from 9 a.m. to 5 p.m. at the DePaul Center in Chicago. The event examines how agentic AI […]
Read articleFirst Read Hits & Takes John Lothian & JLN Staff This is what you call brilliantly trolling a troll. Hunter Biden is launching a meme coin called $LAPTOP on September 9 on Base, Coinbase‘s digital ledger, taking direct aim at his family’s nemesis Donald Trump by naming the token after the infamous computer that spawned […]
Read articleFirst Read Hits & Takes John Lothian & JLN Staff The Chicago Bears kick off the 2026 season at the Carolina Panthers on Sunday, September 13, but you won’t see any signs for Kalshi or Polymarket on the sideline. According to Bloomberg reporters Christopher Palmeri and Randall Williams, the NFL has pointedly excluded prediction-market operators […]
Read articleFirst Read Hits & Takes John Lothian & JLN Staff New Jersey Attorney General Jennifer Davenport on Wednesday filed a petition for certiorari asking the U.S. Supreme Court to decide whether states retain authority to police sports betting conducted on prediction markets like Kalshi and Polymarket U.S., seeking to overturn an April Third Circuit ruling […]
Read articleFirst Read Hits & Takes John Lothian & JLN Staff In his LinkedIn comments on my story, “When the State Becomes the Sheriff” and the comments made about it, Juan Carlos Lezama B. of the Lezama Etalia International Law Offices described himself as “a Venezuelan-American lawyer with my feet firmly on the ground.” He shared […]
Read articleFirst Read Hits & Takes John Lothian & JLN Staff The markets continue to get less efficient and more volatile as the current administration restricts quality reporting from a free, independent press by blocking access to key events and news sources. It is cowardly and remarkably unAmerican. The National Press Club, in a statement from […]
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