The Commodity Futures Trading Commission (CFTC) has issued a no-action relief regarding swap data reporting and recordkeeping requirements for event contracts. This decision comes in response to a request from QCX LLC, a designated contract market, and QC Clearing LLC, a derivatives clearing organization. This relief allows these entities to operate without facing enforcement action for non-compliance with certain regulatory requirements. In a related development, Polymarket founder Shayne Coplan announced that the CFTC has approved Polymarket to commence operations in the United States. This approval marks a significant step for Polymarket, enabling it to offer its prediction market services to U.S. users.