Photo of Scott F. Mascianica

Scott F. Mascianica

Subscribe to Scott F. Mascianica's Posts

Scott Mascianica is a partner in the firm’s Government Enforcement & Investigations Practice Group. Recognized by Chambers USA, Securities Docket, and Lawdragon 500 as one of the top white-collar defense and investigative attorneys in the country, clients praise Scott as an “all-around great lawyer” who is “incredibly smart” with a “very practical” approach to navigating difficult issues in high-stakes matters.

Follow:Read more about Scott F. MascianicaScott's Linkedin Profile

Prediction market platforms continue to battle state regulators over prediction contracts tied to the outcome of sporting events. A recent 6th Circuit appeal by KalshiEX LLC reflects this trend and implicates important issues involving not just the betting industry and sports prediction markets but also broader regulatory questions for prediction market platforms.

Background

Kalshi offers…

For decades, settling with the U.S. Securities and Exchange Commission (SEC) came with an unusual requirement: silence. Under Rule 202.5(e) of the SEC’s informal procedures, defendants who settled SEC enforcement actions were prohibited from publicly denying the agency’s allegations. On May 18, 2026, the SEC rescinded that policy, closing a chapter that had drawn criticism…