
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.

Updated terms and conditions bar sports and entertainment contracts outright. Dealers may not show, rank or put on watchlists contracts they cannot offer, and permitted contracts must use objective indicators.