U.S. CFTC moves to fold event contracts into swaps regulations as legal fight rages

U.S. CFTC moves to fold event contracts into swaps regulations as legal fight rages

The derivatives regulator is proposing a formal rule to include certain contracts traded on platforms like Kalshi's as swaps that require the agency's oversight.

CFTC Invites Public Input on Proposed Swap Rulemaking

The CFTC is inviting public comments on its proposed rulemaking regarding event contracts, impacting the regulatory landscape for swaps.

CFTC proposes treating event contracts as swaps while excluding casino gambling

The CFTC's proposal could enhance regulatory clarity, potentially boosting market confidence and influencing the future of event-based trading.

CFTC Issues Interim Final Rule Excluding Certain Activity from the Definition of Swap

October 09, 2026 WASHINGTON — The Commodity Futures Trading Commission today published an Interim Final Rule that codifies the CFTC’s longstanding position that casino-style gambling products, including wagers placed on sportsbooks and casino games, are excluded from the “swap” definition. “Casino-style gambling products are not derivatives,” said Chairman Michael S. Selig. “Just as the CFTC …

CFTC to Exclude Casino-Style Gambling Products From Swap Definition

The Commodity Futures Trading Commission today announced the approval an interim rule that will bar casino style-gambling products, including wagers placed on sportsbooks and casino games, from its definition of a “swap.” This will prohibit prediction market operators from offering any event contracts being offered around casino-style gambling products. It does not affect anything regarding … Continued