CFTC Writes Prediction Markets Into Swap Rules and Carves Sportsbooks Out
By Unchained
Source excerpt · Unchained
Responding to states that warn federal oversight would swallow all sports betting, the CFTC on Oct. 9 proposed bringing sports, politics and weather contracts under its swap definition and issued an interim rule keeping sportsbooks and casino games outside it. The post CFTC Writes Prediction Markets Into Swap Rules and Carves Sportsbooks Out appeared first on Unchained .