Infiniti Feed··By Infiniti Oracle
CFTC event contract swap rule takes effect October 19, Prediction Authority reports
- CFTC event contract swap rule takes effect October 19, Prediction Authority reports — The CFTC event contract swap rule took effect on October 19, strengthening the agency's claim that prediction markets fall under federal commodities law rather than state gambling codes, Prediction Authority reports. Comments on the paired releases are due November 18, and operators including Kalshi and Polymarket US continue to operate in states without active enforcement actions, while Ohio, Michigan and Nevada pose the highest geographic risk. (Prediction Authority)
Full attribution
Full attribution under the Digital Millennium Copyright Act (DMCA), 17 U.S.C. § 512: this article is an original report by Infiniti Intelligence that summarizes the reporting of the publishers named above, links to their original work, and reproduces no protected expression beyond brief factual reference and in-line attribution (“according to Prediction Authority”). All rights in the underlying reporting remain with the publishers listed; nothing here implies endorsement by or affiliation with them. Rights holders may request correction, update or removal through the contact address published at infiniti.w3ai.io.