CFTC Proposes Explicit Swap Status for Event Contracts

The Commodity Futures Trading Commission (CFTC) proposes explicit swap status for event contracts, stating that existing exchange and trader duties will remain unchanged. A separate rule will exclude qualifying casino-style wagers. The proposal aims to clarify regulatory status while preserving current obligations.

Sources

• The Defiant — CFTC Proposes Explicit Swap Status for Event Contracts

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