CFTC Issues No-Action Letter on Prediction Market Data Reporting

Cointelegraph Staff

(10:24 AM UTC)

1 min read

The US Commodity Futures Trading Commission’s (CFTC) market and clearing divisions issued no-action relief for fully collateralized event contracts, easing certain swap data reporting and recordkeeping obligations for prediction market operators and clearing organizations.

The divisions said Wednesday that they will not recommend enforcement against designated contract markets (DCMs), derivatives…

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