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RuleOpen for Comment2026-213762026-10-19

Further Definition of “Swap” To Exclude Casino-Style Gambling Products

Commodity Futures Trading Commission

Abstract

The Commodity Futures Trading Commission ("Commission" or "CFTC") is adopting an interim final rule ("Interim Final Rule") to codify its longstanding position that casino-style gambling products, including wagers placed on sportsbooks and casino games, are excluded from the "swap" definition.

Action & Dates

Action
Interim final rule; request for comments.
Dates
Effective Date: This interim final rule is effective October 19, 2026.
Effective Date
2026-10-19

CFR References

Topics

Swaps

Public Comment

Comments Close
2026-11-18 — Open for comment

Document Excerpt

Document Headings Document headings vary by document type but may contain the following: the agency or agencies that issued and signed a document the number of the CFR title and the number of each part the document amends, proposes to amend, or is directly related to the agency docket number / agency internal file number the RIN which identifies each regulatory action listed in the Unified Agenda of Federal Regulatory and Deregulatory Actions See the Document Drafting Handbook for more details. Commodity Futures Trading Commission 17 CFR Part 1 RIN 3038-AF81 AGENCY: Commodity Futures Trading Commission. ACTION: Interim final rule; request for comments. SUMMARY: The Commodity Futures Trading Commission (“Commission” or “CFTC”) is adopting an interim final rule (“Interim Final Rule”) to codify its longstanding position that casino-style gambling products, including wagers placed on sportsbooks and casino games, are excluded from the “swap” definition. DATES: Effective Date: This interim final rule is effective October 19, 2026. Request for comment: Comments must be received by November 18, 2026. ADDRESSES: You may submit comments, specifically referencing “Further Definition of `Swap' to Exclude Casino-Style Gambling Products” and RIN 3038-AF81, by any of the following methods: Regulations.gov: Go to https://www.regulations.gov and press the “Search” button, then proceed as follows: 1. Under Refine Documents Results—check the box to “Only show documents open for comment”; 2. Under Agency—select “See More” and check the box for “Commodity Futures Trading Commission,” then press the Apply button; 3. Identify this proposal in the list of CFTC documents open for comment, press the “Comment” button to open the submission form, and follow the instructions on the form. Alternatively, if you are viewing this proposal on www.federalregister.gov , …

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Full Document

Citation: 91 FR 65969

Further Definition of “Swap” To Exclude Casino-Style Gambling Products — Federal Register 2026-21376 | Open Gov by Base