Recent CFTC advisories from March, July, and August 2026 have clarified Regulation 40.2 self-certification rules for event contracts, requiring detailed settlement methodology, data sources, and core-principles analysis while discouraging broad templates. This framework, combined with the June 2026 proposed public-interest rule favoring objective aggregate sports outcomes like final scores and player statistics, has created a clearer but more rigorous path for DCMs. CME’s December 2025 filings and ProphetX’s June 2026 DCM approval demonstrate momentum for specialized platforms, while larger exchanges like ICE and CBOE show lower implied probabilities due to scale and caution. League partnerships on integrity and potential year-end filings remain key swing factors before the December 31 deadline.