CFTC Proposes Explicit Swap Status for Event Contracts

Share

The U.S. Commodity Futures Trading Commission (CFTC) has proposed explicitly classifying event contracts as swaps. The agency stated that existing exchange and trader duties would remain unchanged. A separate rule excludes qualifying casino-style wagers from this classification. This initiative aims to clarify the regulatory framework for these derivative products.

Source: Read the original article

Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

Read More

Items