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CME to sue CFTC over perpetual futures, calls them swaps

1 min read
Source: CNBC
CME to sue CFTC over perpetual futures, calls them swaps
Photo: CNBC
TL;DR

CME Group CEO Terrence Duffy says the exchange will sue the CFTC over the regulator’s approval of bitcoin perpetual futures for Kalshi, arguing perpetuals are swaps under the Dodd-Frank Act; the lawsuit is to be filed the next day, a plan he has been pursuing with the board for months as he prepares to step down in 2027, while the CFTC defends its decision.

Topics:business#business#cftc#cme-group#dodd-frank#kalshi#perpetual-futures
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  1. CME CEO Terrence Duffy says the exchange operator will sue CFTC over perpetual futures  CNBC
  2. CME to sue commodities regulator over perpetual futures, CEO Duffy tells CNBC  Reuters
  3. #cmesuescftcoverbtcperpfuturesapproval Community Insights & Market Sentiment | Binance Square  Binance
  4. CME chief executive says company plans to sue CFTC after perpetual futures approval  CoinDesk
  5. CME Group to sue CFTC over approval of perpetual futures, CEO tells CNBC  The Block

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