CFTC Seeks Public Comment on Notice of Proposed Rulemaking Concerning Event Contracts Involving Enumerated Activities

The CFTC published a Notice of Proposed Rulemaking concerning event contracts involving activities like terrorism and gaming. The proposal includes a 90-day review process and defines key statutory terms. It aims to protect market integrity while allowing legitimate contracts to proceed.

• •CFTC seeks public comment on event contracts.
• •Proposal addresses activities like terrorism and gaming.
• •Establishes a 90-day review process for contracts.
• •Defines key terms to clarify regulatory scope.
• •This proposal aims to protect market integrity while allowing innovation.

The proposed rules will affect CFTC-registered entities that list event contracts. It aims to balance innovation with market integrity.