CFTC Regulation of Binary Event Contracts: A History

Event contracts, which are a type of derivative contract whose payoff is based on a specified event, occurrence, or value, have been area of significant attention in the derivatives markets, with several key developments shaping the landscape in 2024 and continuing into early 2025. In light of the recent focus on event contracts, this paper outlines the history of event contracts regulation by the Commodity Futures Trading Commission (“CFTC” or the “Commission”) and recent regulatory...
By: WilmerHale

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