๐ A group backed by Cboe and Citadel Securities has sued the CFTC over its decision to allow perpetual futures on U.S. stocks. โ๏ธ The plaintiffs argue that the contracts fall under SEC jurisdiction, not CFTC rules. The case calls into question the boundary between the two regulators for equity-linked derivatives.
Does the jurisdictional battle between the SEC and CFTC change how you feel about equity-linked perpetual products? ๐
#cftc #sec #perpetuals #cboe #citadel
Does the jurisdictional battle between the SEC and CFTC change how you feel about equity-linked perpetual products? ๐
#cftc #sec #perpetuals #cboe #citadel