CFTC seeks public comment on proposed rule to bring certain event contracts within the definition of swaps
CFTC Seeks Public Comment on Notice of Proposed Rulemaking Concerning the Inclusion of Certain Event Contracts in the Definition of Swap
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On 2026年10月9日, CFTC issued a proposed rule to explicitly include contracts based on sports, political, cultural, and weather events within the definition of “swap,” eliminating ambiguity over whether such contracts fall within that definition. The CFTC Chair said these products are commodity derivatives subject to regulation under the Commodity Exchange Act and fall within the agency’s exclusive jurisdiction. The public must submit comments in writing through Regulations.gov, and comments must be received within 30 days after the proposed rule is published in the Federal Register.
The proposal would explicitly bring contracts based on sports, political, cultural, and weather events within the definition of swaps, and the materials also specify how and when the public can submit comments.
Source:CFTC — Press releases · cftc.gov