The U.S. Commodity Futures Trading Commission has sent two prediction-market rule proposals to the White House Office of Information and Regulatory Affairs, seeking to classify event contracts as swaps while excluding casino-style gambling products from its jurisdiction. The measures would reinforce the agency's claim that most prediction-market contracts, including sports-linked products, fall under federal derivatives oversight rather than state gambling laws. The submissions come as federal appellate courts have reached conflicting conclusions over Kalshi's sports-related contracts. The Sixth and Eighth Circuits found such contracts do not qualify as swaps and belong under state gambling frameworks, while the Third Circuit backed the CFTC's jurisdiction. Ohio and Tennessee are pursuing enforcement against Kalshi under their sports-betting laws, and New Jersey Attorney General Jennifer Davenport has asked the Supreme Court to consider the dispute. The casino-style proposal is an interim final rule that could take effect upon approval and publication while public feedback continues. CFTC Chairman Mike Selig is the agency's sole commissioner, executing regulatory decisions without other commissioners after President Trump did not fill the vacant posts. The proposals followed crypto-related CFTC submissions to the White House and reflect faster standalone federal rulemaking after the Clarity Act failed in a Senate procedural vote earlier in October.