CFTC No-Action Letter on Prediction Markets Streamlines Swap Data Reporting
The regulatory relief streamlines compliance for prediction market operators dealing with event contract data reporting requirements.
Showing 1–2 of 2
The regulatory relief streamlines compliance for prediction market operators dealing with event contract data reporting requirements.
The Commodity Futures Trading Commission (CFTC) issued a blanket no-action letter this week, relieving prediction market operators from swap data reporting and recordkeeping obligations tied to fully collateralized event contracts. CFTC Issues Blanket No-Action Letter Cutting SDR Reporting for Event Contracts The CFTC‘s Division of Market Oversight and Division of Clearing and Risk jointly announced […]