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CFTC formally proposes that event contracts count as swaps; comments due 18 November

The regulator has also asked Novig and ProphetX to hold off on 'micro' sports contracts.

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The Commodity Futures Trading Commission (CFTC) has formally proposed that event contracts count as swaps, according to a notice published in the Federal Register on 19 October 2026.

Comments on the proposal are due by 18 November.

Separately, the CFTC asked Novig and ProphetX to hold off on “micro” sports contracts, SBC Americas reported on 23 October.

Key dates

  • 19 October 2026: Proposal published in the Federal Register
  • 18 November 2026: Comment deadline

Sources

  1. Further Definition of “Swap”-Inclusions — Federal Register, 19 Oct 2026
  2. Prediction Markets Weekly: Yes, there is news outside of court — SBC Americas, 23 Oct 2026

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