BUSINESSTHE BLOCK
CME Group to sue CFTC over approval of perpetual futures, CEO tells CNBC
CME Group CEO Duffy announced the company will sue the CFTC over the approval of perpetual futures. The lawsuit argues that perpetual futures should be classified as swaps under the Dodd-Frank Act.
Related Signal
Adjacent reporting
- CME CEO Terrence Duffy says the exchange operator will sue CFTC over perpetual futures
- CME CEO Duffy says new perpetual futures could be ‘disaster waiting to happen’
- New York sues Coinbase, Gemini over prediction market offerings
- CFTC sues Rhode Island over actions against prediction markets
- Kalshi follows CFTC in suing Minnesota over law criminalizing prediction markets
- Kalshi’s crypto perpetuals spark debate over whether they’re futures or swaps