Securities law expert James Park, a professor at UCLA Law School, discusses the NFL asking the Supreme Court to take New Jersey’s appeal of a clash with Kalshi, arguing that the states should regulate the prediction markets. Then sentencing expert Sam Merchant, a professor at the University of Minnesota Law School, discusses Supreme Court oral arguments on sentencing guidelines. June Grasso hosts. See omnystudio.com/listener (https://omnystudio.com/listener) for privacy information. Host June Grasso speaks with prominent attorneys and legal scholars, analyzing major legal issues and cases in the news. The show examines all aspects of the legal profession, from intellectual property to criminal law, from bankruptcy to securities law, drawing on the deep research tools of BloombergLaw.com. Subscribe to Bloomberg Podcasts: https://bit.ly/BloombergPodcasts Listen to more Bloomberg Law: https://youtube.com/playlist?list=PLe4PRejZgr0O5ECWvhYLVKlfzxB-ne5MF&si=3DVsVlVwvNQ190cW #Bloomberg #Podcast #Law Visit us: https://www.bloomberg.com/podcasts Follow Bloomberg Podcasts on Twitter: https://twitter.com/podcasts Visit our other YouTube channels: Bloomberg Television: https://www.youtube.com/@markets Bloomberg Originals: https://www.youtube.com/bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake For coverage on news, markets and more: http://www.bloomberg.com/video