Cboe-Backed Group Files Lawsuit Against CFTC Over Single-Stock Perpetual Futures Approvals
(3 hours ago) · 1 source · Summarized by CryptoBipto
A group backed by the Cboe exchange has filed a lawsuit against the Commodity Futures Trading Commission (CFTC) challenging its approval of single-stock perpetual futures contracts. The lawsuit questions whether the CFTC has the authority to approve these products, which have traditionally been more common in offshore and crypto-native trading venues. The case could have significant implications for how derivatives tied to individual stocks are regulated in the United States.
WHY IT MATTERS
This story is about a legal fight over who gets to approve certain financial products in the United States.
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SOURCES
- thedefiant.io
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