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CFTC withdraws event-contract proposal and sports advisory

Regulation

The CFTC said on 4 February 2026 that it had withdrawn its proposed 2024 Event Contracts rule and a 2025 staff advisory on sports-related event contracts. The commission said it would reconsider the issue in light of state regulatory actions and litigation; any return to rulemaking would begin with a new proposal.

The withdrawals remove the proposed federal restrictions and staff guidance that had addressed sports-linked event contracts.

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Regulation

US House subcommittee holds hearing on sports event contract integrity

A US House Agriculture subcommittee convened a hearing on Tuesday on market integrity for sports derivative contracts. It was the first such hearing since members of Congress introduced more than a dozen proposed bills seeking guardrails on the sector. Representatives of the American Gaming Association and the Indian Gaming Association testified that states and tribal nations are losing millions in revenue to prediction markets.

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