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Comment Letter

 
8.8.24 NFI Comment Letter to CFTC re Event Contracts thumbnail.jpg

NFI Position:    
                   

  1. Gaming and gambling are different;
     

  2. In the Dodd-Frank Act, though, by "gaming," Congress actually meant gambling;
     

  3. The CFTC has review authority for event contracts that are based on any contingent event; and 
     

  4. The Economic Purpose Test, while repealed, should still be the guiding principle. 

Click the Comment Letter to Download PDF

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