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#swaps

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CFTC Moves to Claim Exclusive Authority Over Prediction Markets Ahead of Supreme Court Battle
Sports•

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 ...

CFTC Proposes Regulating Event Contracts as Swaps While Excluding Casino Gambling
Coins•

CFTC Proposes Regulating Event Contracts as Swaps While Excluding Casino Gambling

Key Highlights: A new regulatory proposal could bolster federal oversight arguments for Kalshi and Polymarket US against state gambling regulators by treating event contracts as swaps. The Commodity Futures Trading Commission (CFTC) issued a separate interim final rule clarifying that traditional casino games and sports betting are excluded from swap definitions. While the event contract ...