CFTC Proposes Data Reporting Framework for Event Contracts
CFTC published a Notice of Proposed Rulemaking amending Parts 15, 16, and 17 to establish reporting requirements for fully collateralized event contracts.
The proposal creates a tailored reporting framework for fully collateralized event contracts, formalizing what has operated under staff no-action letters since 2017. It expands reporting obligations for DCMs, FCMs, and clearing members active in prediction markets and similar products.
Directly affects DCMs, FCMs, and clearing members active in event contracts markets, requiring new data reporting infrastructure.
Action Required
Assess reporting system readiness for event contracts and prepare comment on operational impacts.
Codifies reporting for a rapidly growing event-contract segment previously governed by no-action relief.
Map event contract reporting obligations against current infrastructure; scope changes to trade capture, reference data, and Part 17 reporting workflows in anticipation of finalization.
“CFTC published a NPRM amending Parts 15, 16, and 17 to establish an alternate reporting framework for fully collateralized event contracts, which have been subject to staff no-action letters since 2017.”