# CFTC Sends Two Prediction-Market Rules to White House for Review

By Riza Dagoc

Canonical URL: https://www.tokenpost.com/news/regulation/25941
Published: 2026-09-30T18:43:06.000Z
Updated: 2026-09-30T18:43:06.000Z
Section: Regulation

> The filings would define event contracts as swaps while excluding casino-style gambling products. Both remain pending and are not final rules.

The Commodity Futures Trading Commission has sent two rulemakings to the White House that would shape federal oversight of prediction-market contracts and the boundary between derivatives and gambling.

The White House Office of Information and Regulatory Affairs received both submissions on Sept. 28, 2026 (ET, UTC-4). One filing, RIN 3038-AF82, is a proposed rule that would define event contracts as swaps. The other, RIN 3038-AF81, is an interim final rule that would exclude “casino-style gambling products” from that definition.

Both filings are marked “Pending Review” and “Not Economically Significant.” The full text of the proposals has not been publicly released, so their definitions and legal reasoning are not yet available.

Event contracts are derivatives tied to whether an event happens, often using yes-or-no outcomes with fixed payouts. The CFTC has maintained that these contracts typically fit within the swap framework and has asserted exclusive jurisdiction over prediction markets.

The submissions come as several states challenge prediction-market operators under gambling laws. The filings do not establish when either rule will be approved, published or take effect. For now, both remain under White House review.
