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MAVRICK13
ONE WORD. TWO RULEBOOKS: "SWAP."
On Oct 9, the CFTC proposed treating sports, political and other event contracts as federally regulated swaps. A separate interim rule excludes casino-style gambling.
Same industry. Two legal categories. And a court battle over who gets jurisdiction.
The proposal isn't final law; comments are due 30 days after Federal Register publication.
#PredictionMarkets #CryptoRegulation #CFTC
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