Smith College is an all-women's college in Massachusetts that is currently undergoing a federal civil rights investigation for its policies relating to transgender women. This market will resolve to "Yes" if Smith College changes its policies to exclude the future admission of or to unenroll current students who were born male and identify as transgender women from its Northampton campus by December 31, 2026 at 11:59PM ET. Otherwise this market will resolve to "No." The existence of or potential for individualized waivers from a general policy shall not be sufficient to prevent this market from resolving to "Yes". An official announcement made within this market’s timeframe will qualify for a "Yes" resolution regardless of when the policy goes into effect. An announcement that prohibits transgender women from enrolling at its campus in Northampton, Massachusetts will count, even if it includes provisions allowing transgender women to enroll at satellite locations or remotely. The resolution source will be official statements from Smith College or its authorized representatives; however, a consensus of credible reporting will also be used.