Intrade, the prediction website that accepted bids on, among other things, the result of the presidential election, is shutting its operations to U.S. customers. The move came Monday just hours after the Commodity Futures Trading Commission accused the Ireland-based company of violating the agency's ban on off-exchange options trading.
Here's more from Intrade's news release announcing the move:
Waves constantly thrash the fishing village of Mutriku on Spain's northern coast. Records from the 13th century describe the dangerous surf and shipwrecks here. Until recently, water occasionally hurled debris through windows of homes, before the local government built a cement breakwater to shelter the harbor.