Divided CFTC Releases “Gaming” Event Contract Rule Proposal

Divided CFTC Releases “Gaming” Event Contract Rule Proposal

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WilmerHale has played a leading role in shaping the rules that govern the financial services industry in the United States.
Our team provides guidance on all facets of swaps, futures and derivatives market activity, including regulatory compliance, transactions, litigation, and investigations and enforcement.

On May 10, 2024, the Commodity Futures Trading Commission (CFTC or Commission) proposed amendments to CFTC Regulation 40.11 (the Proposed Rule) that further define “gaming” contracts considered “contrary to the public interest” under section 5c(c)(5)(C) of the Commodity Exchange Act (CEA).  

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