Legal tracker / CFTC v. New York
Case · as of Oct 15, 2026
CFTC v. New York
Pending Pending — PI motion argued
The CFTC and the Justice Department seek a declaration that New York's cease-and-desist letters and civil suits against CFTC-registered exchanges are preempted, and an injunction against them. Judge Lorna Schofield heard argument on a preliminary-injunction motion on Sept. 14, 2026 and had not ruled as of the latest tracker update.
Case record last checked against its sources on Sep 22, 2026.
| Case | United States v. New York |
| Court | U.S. District Court for the Southern District of New York |
| Docket | 1:26-cv-03404-LGS (S.D.N.Y.) |
| Filed | Apr 24, 2026 |
| Type | Preemption suit |
| Companies | Kalshi, Coinbase, Gemini |
| Other side | State of New York and state officials (plaintiffs: United States and CFTC) |
| Last action | Sep 14, 2026: Court heard argument on the preliminary-injunction motion; no ruling. |
| Next date | : Ruling on the preliminary-injunction motion. |
History
Newest first.
| Date | What happened |
|---|---|
| Sep 14, 2026 | Preliminary-injunction argument. |
| Apr 24, 2026 | CFTC filed suit. |
Sources
CFTC v. New York: questions
What is the status of CFTC v. New York?
Pending — PI motion argued. The CFTC and the Justice Department seek a declaration that New York's cease-and-desist letters and civil suits against CFTC-registered exchanges are preempted, and an injunction against them. Judge Lorna Schofield heard argument on a preliminary-injunction motion on Sept. 14, 2026 and had not ruled as of the latest tracker update.
What happened most recently in CFTC v. New York?
Sep 14, 2026: Court heard argument on the preliminary-injunction motion; no ruling.
What is the next date in CFTC v. New York?
: Ruling on the preliminary-injunction motion.
Compiled from court dockets, opinions, regulator releases and news coverage, linked above. Not legal advice. New York: every action · All cases · Interactive tracker