U.S. CFTC Pursues Event Contract Definitions That Could Challenge State Gambling Assertions
The Commodity Futures Trading Commission (CFTC) in the United States has embarked on a concerted effort to clarify the regulatory treatment of event contracts—financial instruments whose payoff depends on the outcome of a specific future occurrence, such as political elections, sporting events, or weather phenomena. This initiative is particularly significant because it directly confronts a growi…
Sept. 30, 2026, 3:19 p.m.