## CFTC seeks to define event contracts as swaps amid prediction market fight The classification could assist the CFTC’s claim that it has exclusive federal jurisdiction over event contracts offered on regulated prediction markets. The US Commodity Futures Trading Commission is seeking to clarify the definition of a “swap” amid a jurisdictional fight with state gambling regulators over prediction markets. An Office of Information and Regulatory Affairs docket shows the agency has submitted a proposed rule to expand the definition of “swap” to include event contracts, along with an interim…