CFTC Chairman Selig Announces New Interim Final Rule Excluding 'Casino-Style Gambling Products' from Swap Definition

CFTC Chairman Michael S. Selig announced a new interim final rule on October 12, 2026, clarifying that 'casino-style gambling products are not derivatives' and are thus excluded from the 'swap' definition. This regulation aims to provide clarity regarding the limits of the CFTC's regulatory remit, particularly in response to court decisions concerning sports event contracts.