Follow UsCME chief executive says company plans to sue CFTC after perpetual futures approval
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18 Jun, 03:44
Source: CoinDesk
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CME Group plans to sue the CFTC over Kalshi's perpetual futures approval, arguing the product does not meet Dodd-Frank Act swap definitions.
Kalshi's perpetual futures product did not meet the Dodd-Frank Act's definition of a "swap" and should not have been approved, Terrence Duffy said.