CFTC Proposes 90 Day Review and Public Interest Test for Event Contracts Tied to Gaming, War or Terrorism

The US Commodity Futures Trading Commission proposed amending Regulation 40.11 and adding Appendix F to create a formal 90 day review process for event contracts linked to gaming, war, terrorism, assassination or unlawful activity under the Commodity Exchange Act, and asked for public input while noting existing anti fraud and anti manipulation rules still apply.