Watch a recording of the webinar here:
Or listen on our podcast, “The Marketplace of Ideas”:
Background
Prediction markets—only a few years ago relegated to academic discourse—are now in the news almost daily and at the center of a vibrant policy debate. Bringing together subject matter experts to examine this fast-moving legal landscape, this webinar explored how these markets operate and how they have evolved into platforms for trading on real-world outcomes. Panelists will address key questions surrounding the boundaries between state and federal jurisdiction, the intersection of gaming law and derivatives regulation, market structure, consumer protection, and insider trading.
Continue scrolling to learn about our panelists.
Dan Berkovitz,
Vice Chairman, External and Regulatory Affairs, Millennium Management;
Former Commissioner, Commodity Futures Trading Commission (CFTC)
Ferdisha Snagg,
Partner, Cleary Gottlieb Steen
& Hamilton LLP
Joshua Sterling,
Partner, Milbank LLP
Brian Quintenz,
Director, KalshiEx and Kalshi Klear;
Former Commissioner, Commodity Futures Trading Commission (CFTC)
Paolo Saguato, Moderator
Professor of Law; Founder and Director of the Program on Financial Markets, George Mason University Antonin Scalia Law School
For questions about the webinar, please contact the Civil Justice Academy Team at [email protected] or by phone at 703-993-8008.
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For any questions about the Program on Financial Markets, please email [email protected].

