Louisiana AG calls CFTC chair’s claims ‘flatly false’ in prediction market fight

Liz Murrill fired back at Michael Selig after the CFTC and DOJ sued Louisiana over a state order targeting event contract platforms Louisiana Attorney General Liz Murrill is not backing down from a fight with Washington’s top derivatives regulator. On November 14, 2026, she publicly described statements by CFTC Chairman Michael Selig about a federal lawsuit against her state as “flatly false.” The broader dispute is about who gets to police prediction markets, and it is turning very personal, very fast. Murrill’s core argument is historical. She says states have regulated gambling for 250 years, and she sees no reason a federal agency should change that now. The sequence moved quickly. On November 12, Murrill obtained a temporary restraining order from a Louisiana court.

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