CFTC proposes to distinguish prediction contracts from sports betting wagers
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CFTC proposes to distinguish prediction contracts from sports betting wagers
1 reports1 news sources2 days agoUpdated
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The U.S. Commodity Futures Trading Commission (CFTC) has released a proposed rule that outlines regulatory boundaries for prediction contracts and sports betting wagers, clarifying the regulatory distinction between the two types of products. The proposal is currently in the rulemaking stage and has not yet been formally implemented.
AI-generated from reports · 2 hr agoUpdated
Latest developments19 Oct 14:01
CFTC proposes to distinguish prediction contracts from sports betting wagersCoverage timeline
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19 Oct
- News search: CFTC press releases and enforcementCFTC proposes to distinguish prediction contracts from sports betting wagers
The CFTC has released a proposed rule that suggests distinguishing prediction contracts from sports betting wagers. This proposal is currently in the rulemaking stage and has not yet been formally implemented.
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