Elie Mishory Joined Novig as Chief Regulatory and Legal Affairs Officer for Sports Trading Expansion
On June 23, 2026, Novig announced the appointment of Elie Mishory as its Chief Regulatory and Legal Affairs Officer, marking a significant step forward for the company as it aims to expand its federally regulated sports prediction market nationwide. Mishory, who brings over ten years of experience in the regulatory landscape for prediction markets, has held pivotal roles that positioned him at the forefront of establishing a legal framework for such platforms in the United States.
Mishory's prior experience includes his tenure as Chief Regulatory Officer and General Counsel at Kalshi, where he played a crucial role in shaping the company's legal and regulatory strategy from its inception. His efforts contributed to the broader acceptance of prediction markets as a legitimate regulated asset class. Before his time at Kalshi, Mishory worked with the U.S. Commodity Futures Trading Commission (CFTC), where he held key leadership roles within the Division of Market Oversight and served as legal counsel to Commissioner Brian Quintenz.
His work during this period included collaboration on "Any Given Sunday," a pivotal statement regarding sports event contracts that greatly influenced the regulatory discussion Surrounding sports-related event markets. After a stint in the private sector, he returned to public service, working with agencies like the U.S. Securities and Exchange Commission (SEC) to focus on government modernization and operational efficiency initiatives.
Elie Mishory’s entrance into Novig comes at a crucial juncture for the company, which has recently received designation from the CFTC as a Designated Contract Market (DCM). In his new role, he will oversee the company’s regulatory, compliance, and public policy functions as Novig gears up to broaden its impact across the nation.
In announcing his new role, Mishory expressed enthusiasm about joining Novig, stating that it is the best positioned team for constructing the future of regulated sports trading. He highlighted the company’s dedication to creating an open exchange defined by real-time supply and demand dynamics, thereby fostering a marketplace where skill is rewarded and players have transparent access to markets. He emphasized the importance of building trust and fairness in the sports trading sector and is committed to advocacy for the rights of sports traders.
Jacob Fortinsky, co-founder and CEO of Novig, praised Mishory's deep understanding of the regulatory challenges surrounding prediction markets, stating, "Elie has been at the center of the most consequential regulatory developments in prediction markets. He has helped bring them from a fringe idea to the center of the national conversation." The CEO expressed confidence that Mishory’s expertise will be essential as the company continues to protect its community while innovating in market design.
Mishory added that he joined Novig not just to play defense in regulatory matters but to ensure that sports traders have access to transparent markets, fair rules, and an excellent trading experience. His proactive approach reflects a commitment to establishing a trader-first environment in the sports prediction market.
As Novig embarks on this new chapter of growth, its dedication to building a sports prediction market that prioritizes fairness, compliance, and community engagement stands out, setting a new standard in the industry. With experts like Elie Mishory at the helm, Novig is poised to lead the way in federally regulated sports trading, providing a safe and efficient platform for enthusiasts while paving the way for broader acceptance of prediction markets in the national conversation about regulated trading opportunities.
Mishory's prior experience includes his tenure as Chief Regulatory Officer and General Counsel at Kalshi, where he played a crucial role in shaping the company's legal and regulatory strategy from its inception. His efforts contributed to the broader acceptance of prediction markets as a legitimate regulated asset class. Before his time at Kalshi, Mishory worked with the U.S. Commodity Futures Trading Commission (CFTC), where he held key leadership roles within the Division of Market Oversight and served as legal counsel to Commissioner Brian Quintenz.
His work during this period included collaboration on "Any Given Sunday," a pivotal statement regarding sports event contracts that greatly influenced the regulatory discussion Surrounding sports-related event markets. After a stint in the private sector, he returned to public service, working with agencies like the U.S. Securities and Exchange Commission (SEC) to focus on government modernization and operational efficiency initiatives.
Elie Mishory’s entrance into Novig comes at a crucial juncture for the company, which has recently received designation from the CFTC as a Designated Contract Market (DCM). In his new role, he will oversee the company’s regulatory, compliance, and public policy functions as Novig gears up to broaden its impact across the nation.
In announcing his new role, Mishory expressed enthusiasm about joining Novig, stating that it is the best positioned team for constructing the future of regulated sports trading. He highlighted the company’s dedication to creating an open exchange defined by real-time supply and demand dynamics, thereby fostering a marketplace where skill is rewarded and players have transparent access to markets. He emphasized the importance of building trust and fairness in the sports trading sector and is committed to advocacy for the rights of sports traders.
Jacob Fortinsky, co-founder and CEO of Novig, praised Mishory's deep understanding of the regulatory challenges surrounding prediction markets, stating, "Elie has been at the center of the most consequential regulatory developments in prediction markets. He has helped bring them from a fringe idea to the center of the national conversation." The CEO expressed confidence that Mishory’s expertise will be essential as the company continues to protect its community while innovating in market design.
Mishory added that he joined Novig not just to play defense in regulatory matters but to ensure that sports traders have access to transparent markets, fair rules, and an excellent trading experience. His proactive approach reflects a commitment to establishing a trader-first environment in the sports prediction market.
As Novig embarks on this new chapter of growth, its dedication to building a sports prediction market that prioritizes fairness, compliance, and community engagement stands out, setting a new standard in the industry. With experts like Elie Mishory at the helm, Novig is poised to lead the way in federally regulated sports trading, providing a safe and efficient platform for enthusiasts while paving the way for broader acceptance of prediction markets in the national conversation about regulated trading opportunities.
Topics Entertainment & Media）
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