U.S. CFTC Pursues Event Contract Definitions That May Challenge State Gambling Assertions
The Commodity Futures Trading Commission (CFTC) has recently taken a decisive step in its ongoing effort to clarify the regulatory landscape surrounding event contracts, a category of financial instruments that are closely tied to the outcomes of real‑world events such as elections, sports results, or weather occurrences. By submitting two detailed rule proposals to the White House for review, th…
Sept. 30, 2026, 3:19 p.m.