By The Weekly Edge desk ·
Legal Sports Report reported that Novig adopted a formal responsible-trading framework. The operator said it embedded the framework directly into its CFTC-regulated exchange.
The framework brings responsible-trading requirements into Novig’s exchange operations.
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Operators face unresolved gaming definitions as the CFTC deliberates and Nevada and New Jersey assert authority over sports-outcome contracts.
Kalshi imposed a permanent ban and financial penalty over alleged manipulation involving Santos’s trading and public attendance statements.
The action addresses manipulation of a contract linked to Santos’s own conduct.
The settlement resolves an investigation into an alleged event-contract trade involving Santos’ own attendance.
The penalty addresses misleading public statements linked to event contract trading.
The agreement resolves the regulator’s market manipulation investigation.