Event contracts (bets on war, terrorism or assassinations) « would likely be barred as not in the public interest. »
*Likely* is doing a lot of work here.
www.reuters.com/world/cftc-p...
www.reuters.com
The U.S. Commodity Futures Trading Commission will propose new rules on how it will govern prediction markets, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.