# Commodity Exchange Act **Domain:** United States derivatives law **Doc Type:** Developed Wiki Node **Maturity:** Developed **Collection:** [[collections/Gamification|Gamification Collection]] ## Definition The **Commodity Exchange Act** is the principal United States federal statute governing commodity futures, swaps, designated contract markets, and the authority of the [[wiki/CFTC|Commodity Futures Trading Commission]]. Its event-contract provisions are central to current disputes over federally regulated prediction markets. ## Significance The statute determines whether a sports-linked instrument enters a federal derivatives regime or remains subject to state gambling law. The classification of the contract can therefore change which authority owns the arena even when the underlying event is unchanged. ## Sources - [[articles/gamification/Lex Sportiva and Winning Without Bloodshed|Lex Sportiva and Winning Without Bloodshed]] - [Commodity Exchange Act and regulations, CFTC](https://www.cftc.gov/LawRegulation/CommodityExchangeAct/index.htm) ## Routes [[wiki/CFTC|CFTC]] · [[wiki/Event Contract|Event Contract]] · [[wiki/Prediction Market|Prediction Market]] · [[wiki/New Mexico|New Mexico]]