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CFTC Press Releases·

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

  • The CFTC published a Notice of Proposed Rulemaking on October 09, 2026, to clarify the definition of "swap" to expressly include event contracts.
  • The proposed rule covers event contracts based on sports, politics, cultural, & weather-related events.
  • Chairman Michael S. Selig stated that these instruments are commodity derivatives within the CFTC's exclusive jurisdiction under the Commodity Exchange Act.
  • Written comments regarding the proposal must be submitted via Regulations.gov within 30 days of the notice's publication in the Federal Register.