CFTC’s Bold Move: Event Contracts Now Classified as Swaps – Legal War Ignites
The U.S. Commodity Futures Trading Commission (CFTC) has unveiled a proposal to reclassify certain CFTC event contracts as swaps, bringing them under its direct swaps regulation oversight.
The initiative intensifies the ongoing legal battle CFTC faces over jurisdiction, especially concerning the Kalshi prediction market, and could reshape derivatives oversight for platforms trading similar products.
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