
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.

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

Two CFTC-registered exchanges have gone to federal court to stop Missouri's attorney general treating sports event contracts as unlicensed betting under the state's 2024 constitutional amendment.