PolicyReadWriteabout 3 hours ago
CFTC Defines Prediction Market Rules
3 min read
The Commodity Futures Trading Commission issued two measures on October 9 to define prediction-market contracts. One expands swap definitions to include cultural events, weather, politics, and sports, while an interim final rule excludes casino-style gambling. Both measures have 30-day comment periods before the White House Office of Information and Regulatory Affairs reviews them.
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