United States: Commodities/Derivatives/Stock Exchanges

The CFTC has proposed comprehensive amendments to regulate event contracts on prediction markets, raising critical questions about where to draw the line between legitimate economic activity and activity contrary to the public interest.

The Commodity Futures Trading Commission (the CFTC or Commission) issued a notice of proposed rulemaking on June 10, 2026...

The CFTC's recent approval of perpetual contracts as futures products has sparked a major legal challenge from the Chicago Mercantile Exchange, which argues these instruments should be classified as swaps under the Commodity Exchange Act. As regulatory agencies seek public input on derivatives definitions, market participants face significant uncertainty about the future treatment of perpetual contracts referencing digital commodities and other assets.

On June 10, 2026, the CFTC issued a notice of proposed rulemaking that would overhaul how it evaluates whether to prohibit the listing or clearing of an otherwise...

On June 10, 2026, the Commodity Futures Trading Commission (CFTC) released a significant Notice of Proposed Rulemaking (Proposed Rule) that would reshape the regulatory treatment of prediction markets under the Commodity Exchange Act (CEA).

Federal regulators are reshaping the landscape for prediction markets and digital assets through sweeping new frameworks.

The Commodity Futures Trading Commission's Division of Enforcement has issued a new cooperation policy that fundamentally restructures how registrants can benefit from self-reporting misconduct. The 2026 framework introduces a formal declination pathway and makes victim restitution a prerequisite for cooperation credit, marking a significant departure from the previous tiered penalty discount system. How will these changes affect registrants' decisions to voluntarily disclose violations and cooperate with e

The CFTC has taken coordinated actions to bring perpetual contracts under U.S. regulatory oversight, approving the first bitcoin perpetual contract on a domestic exchange.

On May 27, 2026, the SDNY and CFTC filed parallel actions against Michele Spagnuolo, a software engineer employed by Google, alleging that he misappropriated confidential corporate information and used it to trade on a decentralized prediction market platform.