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.
CFTC
CFTC writes sportsbooks and casinos out of the swap definition
An interim final rule that took immediate effect adds a 'product test': licensed, bilateral wagers are gambling, and multilateral, tradable contracts are swaps.
CFTC lets DCMs turn 25-year 'perpetual-style' index futures into true perpetuals
Letter 26-29, issued at Coinbase Derivatives' request, waives the 10-day self-certification wait if venues protect holders of open positions.
Chicago judge finds Illinois gambling law likely pre-empted for Kalshi title-game contracts
Judge Pacold calls the contracts swaps that 'people find entertaining and fun', in a ruling that cuts against the Sixth Circuit a week earlier.
SEC staff seek views on exchanges owning brokers as four Form 1-N security futures venues line up
The Trading and Markets statement revisits long-standing conflict concerns as vertically integrated, retail-facing futures models approach the SEC.
CFTC staff treat 'mention markets' as presumptively open to manipulation
Advisory 26-27 tells DCMs that contracts on what someone says or attends need a much stronger Core Principle 3 case.