CFTC: Trading movies like stock
On April 21, the Commodity Futures Trading Commission (CFTC), which oversees futures exchanges, gave regulatory approval to something called the Cantor Exchange — which is basically a Hollywood Exchange that lets people bet on movies like they do stocks. Joe Weisenthal says that the people against this cite little evidence of how the movie industry could be harmed and goes on to say that this is like any other commodity exchange.
