"has withdrawn the notice of proposed rulemaking titled 'Event Contracts'...The CFTC does not intend to issue final rules with respect to the proposal."
" The Commodity Futures Trading Commission staff today issued an advisory to futures commission merchants, introducing brokers, designated contract markets, derivatives clearing organizations, and registered futures associations about certain contract markets regarding preparations with respect to potential market disruption during a lapse in government appropriations."
"Today's actions reflect the CFTC's commitment to lawful innovation in our markets. "The 2024 event contracts proposal reflected the prior administration's frolic into merit regulation with an outright prohibition on political contracts ahead of the 2024 presidential election. "The Commission is withdrawing that proposal and will advance a new rulemaking grounded in a rational and coherent int"
The Commodity Futures Trading Commission withdrew its notice of proposed rulemaking titled 'Event Contracts' and stated the Commission does not intend to issue final rules on that proposal. The withdrawn proposal would have defined event contracts involving political contests as gaming and effectively prohibited political contracts ahead of the 2024 presidential election. The Commission also removed a staff advisory issued on September 30, 2025, that advised futures commission merchants, introducing brokers, designated contract markets, derivatives clearing organizations, and registered futures associations about preparations for potential market disruption during a lapse in government appropriations. Chairman Michael S. Selig framed the change as a commitment to lawful innovation and announced plans for a new, legally grounded rulemaking.
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