( October 9, 2026, 11:58 AM EDT) -- CINCINNATI — A Sixth Circuit U.S. Court of Appeals panel deepened the split regarding whether the Commodity Exchange Act (CEA) preempts states’ regulation of sports-related event contracts that are traded on federally regulated contract markets, holding in two cases heard together that KalshiEX LLC “has not shown that its sports-event contracts satisfy the statutory definition of a ‘swap’ so as to fall within the scope of the CFTC’s exclusive jurisdiction.’"...