CFTC Press Releases/
CFTC Releases Advisory on Self-Certification of an Event Contract Series
The CFTC issued an advisory to designated contract markets (DCMs) prohibiting the use of broad, template-style self-certifications for event contract series, requiring more granular compliance with Commission Regulation § 40.2.
medium impactneutralEvent Contracts
Why It Matters
The guidance aims to ensure that DCMs perform adequate due diligence on settlement methodologies and data sources for event contracts, preventing the listing of potentially non-compliant or poorly defined products.