The SEC has stepped into the lawsuit that could decide whether US exchanges can offer perpetual futures on individual stocks.
• The SEC asked the court on Nov. 9 to file its own amicus brief in the case
• A Cboe and Citadel Securities-backed group sued the CFTC on Nov. 3 to undo approvals for Kalshi, Coinbase Derivatives and Bitnomial
Why it matters: The case decides whether perps on US stocks can keep trading on CFTC-regulated venues like Coinbase Derivatives.
Source: SDNY court filings (CMAA v. CFTC)
Not financial advice.
💬 Should perps on US stocks trade on crypto exchanges? Tell us below.
#SEC #CFTC #Perpetuals
• The SEC asked the court on Nov. 9 to file its own amicus brief in the case
• A Cboe and Citadel Securities-backed group sued the CFTC on Nov. 3 to undo approvals for Kalshi, Coinbase Derivatives and Bitnomial
Why it matters: The case decides whether perps on US stocks can keep trading on CFTC-regulated venues like Coinbase Derivatives.
Source: SDNY court filings (CMAA v. CFTC)
Not financial advice.
💬 Should perps on US stocks trade on crypto exchanges? Tell us below.
#SEC #CFTC #Perpetuals