CFTC Press Releases/
CFTC Seeks Public Comment on Notice of Proposed Rulemaking Concerning Event Contracts Involving Enumerated Activities
The CFTC has issued a Notice of Proposed Rulemaking to establish a framework for evaluating event contracts, specifically targeting those involving activities like gaming, terrorism, or unlawful conduct.
medium impactneutralEvent Contracts
Read the original report at CFTC Press ReleasesWhy It Matters
The proposal introduces a formal, transparent review process for prediction markets, clarifying how the CFTC will interpret statutory prohibitions on certain types of event-based derivatives.