CFTC ! EVENT CONTRACTS
The CFTC has sent two proposed rulemakings on event contracts to the White House’s Office of Information and Regulatory Affairs for review.
One proposal would exclude casino-style gambling products from the swap definition, while the other would address event contracts within that definition.
The move adds another step to the ongoing U.S. debate over prediction-market regulation.
The CFTC has sent two proposed rulemakings on event contracts to the White House’s Office of Information and Regulatory Affairs for review.
One proposal would exclude casino-style gambling products from the swap definition, while the other would address event contracts within that definition.
The move adds another step to the ongoing U.S. debate over prediction-market regulation.