Braeden Anderson, Sr. was quoted in Bloomberg Law’s article, “Crypto, Prediction Market Chiefs Gain Sway as CFTC Advisers,” by Ben Miller, where he discussed the CFTC’s evolving approach to prediction markets: “The inclusion of prediction markets in the CFTC’s innovation architecture is a clear statement that the agency intends to treat event contracts as a legitimate market-structure category within its federal remit, not as a novelty to be tolerated until the states shut it down.” Anderson added, “I would not frame Selig as ‘pro-Kalshi’ in any cheerleading sense, but I also would not assume he will shy away from defending the CFTC’s institutional lane. Everyone is looking to Selig to provide backbone here.”

When an SEC exam request hits, some firms panic and start “Googling the exam” or relying on AI to decode what staff wants. That approach can backfire fast, leading to overproduction, credibility issues, privilege mistakes, and avoidable escalation risk. This article explains why AI is not a substitute for experienced SEC exam counsel, what exam staff is really testing, and how disciplined legal strategy can keep a routine examination from turning into a serious problem.

Excited to share that Securities Docket has released its Advisory Board for 2026, and I’m honored to be included among this year’s group of practitioners.

This case strikes at a fundamental tension in modern sports: the growing reach of legalized sports wagering colliding with the amateur status of college athletics. The charges underscore significant criminal and regulatory risks for athletes, institutions, and the broader collegiate ecosystem. Here is a legal analysis of the charges, defense considerations, and broader implications for stakeholders.