CFTC Seeks Public Comment on Notice of Proposed Rulemaking Concerning the Inclusion of Certain Event Contracts in the Definition of Swap

October 09, 2026 WASHINGTON — The Commodity Futures Trading Commission today published a Notice of Proposed Rulemaking that proposes providing additional market clarity by expressly further defining the term “swap” to include event contracts, including those based on sports, politics, cultural, and weather-related events. The proposal notes these contracts are financial instruments that are commonly … Continue reading CFTC Seeks Public Comment on Notice of Proposed Rulemaking Concerning the Inclusion of Certain Event Contracts in the Definition of Swap

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