North American Derivatives Exchange, Inc.v. Nevada
Supreme Court of the United States, 26-344
Cert petition pending
Petition pending; the response deadline was extended on Oct. 8, 2026 from Oct. 15, 2026 to Nov. 16, 2026 for all respondents. Not yet distributed for conference.
The question
Whether the Commodity Exchange Act preempts Nevada gambling or sports-wagering law as applied to event contracts listed on a CFTC-designated contract market.
Crypto.com's U.S. derivatives exchange petitioned for review of the Ninth Circuit's Aug. 28, 2026 ruling for Nevada. It is one of three pending petitions on whether the CEA preempts state gambling law for sports event contracts.