CME Group Sues CFTC Over Perpetual Futures Approval
CME Group is suing the CFTC over its approval of perpetual futures. CEO Terrence Duffy argues perpetual futures should be classified as swaps. The lawsuit claims the approval violates rules under the Dodd-Frank Act. A significant legal battle is rocking the heart of the world’s cryptocurrency derivatives market. The institutional derivatives giant CME announced plans...
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