CFTC advisories from March and July 2026, along with the June proposed rulemaking on public-interest reviews for event contracts, have clarified self-certification procedures under Regulation 40.2 while endorsing aggregate sports outcomes such as final scores, wins, and team statistics. This framework distinguishes permissible contracts from restricted categories like injuries or officiating calls, reducing prior uncertainty and enabling DCMs to file targeted submissions rather than broad templates. Kalshi, CME, and others have already listed compliant sports swaps, supported by league integrity partnerships, though state challenges and manipulation concerns persist. With four months remaining, upcoming catalysts include any final rule adoption and filings tied to fall sports seasons that could shift which registered exchanges act by year-end.