CFTC No-Action Letter Dated May 13, 2026 Eases Swap Reporting for Event Contracts

On May 13, 2026, the CFTC's Division of Market Oversight and Division of Clearing and Risk said they would not recommend enforcement when certain prediction-market participants do not report event-contract transaction data to swap data repositories or meet related recordkeeping duties. The relief applies to fully collateralized event contracts and covers designated contract markets (DCMs), derivatives clearing organizations (DCOs), and their participants. Firms seeking the same treatment going forward can ask to be added to an appendix to the letter, while entities outside the stated terms are not automatically covered.