Prediction market roundup: CFTC sends proposed event contract rules to White House
By The Weekly Edge desk ·
Summary
The CFTC sent two draft proposals to the White House Office of Information and Regulatory Affairs for review. One would broaden the definition of a swap to cover event contracts; another would consider excluding gaming-style products, which could bar designated contract markets from listing online casino contracts.
Why it matters
The proposals could determine whether designated contract markets can list online casino contracts.