The US CFTC has submitted two rules to include event contracts in the definition of swaps and exclude gambling products

The US Commodity Futures Trading Commission (CFTC) has submitted two rules to the White House Office of Management and Budget (OMB) to include event contracts in the definition of swaps and exclude casino style gambling products from the scope of swaps. US President Trump has not yet nominated any other committee members, and Mike Selig is currently the sole committee member pushing forward regulatory decisions. In addition, the US Commodity Futures Trading Commission (CFTC) has submitted a preliminary rule focused on cryptocurrency regulation to the White House.