CFTC sent the White House two rules on Sept. 28 that would define event contracts as swaps and carve out casino-style gambling products. The agency is trying to settle by rule a state-federal fight that has split appeals courts and now sits before the Supreme Court.
Perspective Coverage
5 publishers
- Builder
- Builder 18%
- Operator
- Operator 49%
- Investor
- Investor 33%
Reality
- Evidence70
- Adoption
- Insufficient
- Hype gap+30
- Incentives65
- Confidence72
The proposed rescission would delete a federal strict-liability trigger while MSRB, FINRA, CFTC and state pay-to-play regimes stay where they are, and the rule binds until the Commission finalises anything. Comments close 60 days after Federal Register publication.
Reality
- Evidence60
- Adoption
- Insufficient
- Hype gap+12
- Incentives68
- Confidence55
Five former SEC and CFTC officials told the agencies that miscalibrated rules keep pushing perpetual futures offshore, and they filed the argument while Congress is on recess and the definitions are still being drafted.
Reality
- Evidence50
- Adoption33
- Hype gap+27
- Incentives80
- Confidence55
The CFTC opened a 60-day consultation on compute derivatives on Aug. 19. The design question underneath it, which index a hedge settles against, decides whether the hedge works at all.
Publishers:cftc.gov · tradingview.com
Reality
- Evidence74
- Adoption22
- Hype gap+34
- Incentives72
- Confidence66
A threshold design that gives fintechs free pulls up to a limit and banks fees above it hands both industries a grievance. Model data costs against court dockets, not a final rule.
Reality
- Evidence38
- Adoption22
- Hype gap+12
- Incentives82
- Confidence45