CFTC Press Releases/
CFTC Issues Interim Final Rule Excluding Certain Activity from the Definition of Swap
The CFTC has issued an Interim Final Rule formally excluding casino-style gambling products and sports betting from the legal definition of a swap.
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Read the original report at CFTC Press ReleasesWhy It Matters
The ruling provides regulatory clarity by explicitly distinguishing between state-regulated gambling products and federally regulated derivatives, preventing potential jurisdictional overlap.