⚖️ SEC backs CFTC in dispute over perpetual stock derivatives

On November 11, 2026, the U.S. Securities and Exchange Commission filed an amicus curiae brief in court in support of the CFTC. The filing came in response to a lawsuit by the Capital Markets Alliance challenging the authorization to trade perpetual derivatives on individual stocks.

The SEC supported the position of another regulator, but the court case is still ongoing. This is not a final court ruling or a new authorization to trade: the dispute concerns the powers and oversight rules governing these instruments.

Source: The Block, November 11, 2026.
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