CFTC proposes classifying event contracts as swaps under US federal law
Regulation · SectorWire deskSource published
Summary
The CFTC issued two proposals concerning federal oversight of event contracts. The proposals would classify event contracts as swaps while prohibiting traditional gambling, with the expanded definition covering contracts linked to culture, weather, politics and sport.
Why it matters
The CFTC proposals would classify event contracts as swaps while prohibiting traditional gambling, covering culture, weather, politics and sport.
Cite as: SectorWire, “CFTC proposes classifying event contracts as swaps under US federal law”, 11 October 2026, https://sectorwire.news/item/cftc-proposes-classifying-event-contracts-as-swaps-under-us-federal-la/