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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
Why 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.