CFTC Pursues Regulatory Clarity on Event Contracts

Regulatory Dispute Over Prediction Markets

The US Commodity Futures Trading Commission (CFTC) is battling with states over prediction markets, which are seen as a form of gambling.

CFTC Seeks Event Contract Definitions

As part of this dispute, the CFTC sent two related rules on swaps definitions for White House review.

Potential Implications

These rules could have significant implications for the regulation of event contracts, which are often used in prediction markets.