CFTC Moves to Claim Exclusive Authority Over Prediction Markets Ahead of Supreme Court Battle
Key Highlights The Commodity Futures Trading Commission (CFTC) has released two new regulatory proposals addressing prediction markets. Under the proposed framework, event contracts are formally categorized as swaps under federal derivatives law. The measures establish explicit boundaries to differentiate federally regulated financial contracts from traditional gambling. CFTC Unveils Dual Regulatory Proposals for Prediction Markets The ...