The Gambling Wire: SEC Clears Cboe Corporate Options as Kentucky Cases Face Remand
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Robinhood prepares to bring corporate event options to retail investors, while Kalshi and Polymarket face fresh legal pressure in Kentucky. Wall Street is moving further into event-based trading, even as sports prediction markets continue fighting state regulators. The Securities and Exchange Commission (SEC) has approved Cboe’s plans to list options tied to corporate performance, with Robinhood expected to become the first broker to bring the products to retail investors. Meanwhile, a federal magistrate judge in Kentucky has recommended that enforcement lawsuits against Kalshi and Polymarket be returned to state court.
Source: Gambling Insider
