CFTC Proposes Bringing Certain Event Contracts Under Swaps Rules
The U.S. derivatives regulator is seeking to classify some event contracts as swaps amid an ongoing legal dispute.
The U.S. Commodity Futures Trading Commission is proposing a rule that would place certain event contracts within its swaps regulatory framework.
The proposal concerns contracts offered on platforms such as Kalshi. Treating those products as swaps would subject them to CFTC oversight under that framework.
The move comes as a legal fight over event contracts continues. The measure remains a proposal, rather than a finalized rule.
Source: CoinDesk
