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How the CFTC try to define our prediction markets
CFTC – (PDF file):
CFTC’s Concept Release on the Appropriate Regulatory Treatment of Event Contracts
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II. Commodity Options and Futures and the Attributes of Event Contracts
The Commission, with some exceptions, has exclusive jurisdiction over two relevant types of derivative instruments —commodity options and commodity futures contracts.
Section 4c(b) of the Act gives the Commission plenary jurisdiction over commodity [...]
CFTC’s Concept Release on the Appropriate Regulatory Treatment of Event Contracts
CFTC – (PDF file):
CFTC’s Concept Release on the Appropriate Regulatory Treatment of Event Contracts
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SUMMARY:
The Commodity Futures Trading Commission (Commission or CFTC) is soliciting comment on the appropriate regulatory treatment of financial agreements offered by markets commonly referred to as event, prediction, or information markets. \1\ For ease of reference and to avoid classification issues, these [...]
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