State-sanctioned sports betting has exploded since the Supreme Court’s Murphy v. NCAA decision in 2018.  Since then, the states have taken varying approaches to sports betting, and the private sector, which developed sports-related securities even before Murphy, has developed innovative financial products.  In this panel, we will provide an overview of state and federal regulation of traditional sports betting, discuss how the SEC and CFTC also have a role to play, and consider lingering tension between federal and state regulation.  We will also discuss specific products (such as binary options and event contracts) and their regulatory treatment, how sports bets and other sports-related financial products are or may be regulated by the CFTC or SEC, and emerging competitive and compliance challenges, among other topics.

Speakers: Peter Y. Malyshev

Event Type: Webinar

Start Date/Time:
29 June 2021, 12:00 PM EDT
End Date/Time:
29 June 2021, 1:30 PM EDT

This remote program will be hosted on the Zoom platform. You will receive access information from D.C. Bar Communities staff the afternoon prior to the program. The Zoom access information should not be shared with other, as registration is required.

This is an "Off the Record" program. Remarks made during “Off the Record” programs may not be used for publication.

Sponsored by:  Derivatives and Futures Law Committee of the D.C. Bar Corporation, Finance and Securities Law Community and D.C. Bar Arts, Entertainment, Media and Sports Law Community

Related Community of Interest: D.C. Bar Law Student Community

Speakers:

  • David E. Aron, Special Counsel, CFTC
  • Andrew Bernstein, Senior Special Counsel, SEC
  • Behnam Dayanim, Partner, Paul Hastings LLP
  • John T. Holden, Assistant Professor of Legal Studies, Oklahoma State University
  • Peter Malyshev, Partner, Reed Smith (Moderator)