SEC backs CFTC in legal fight over stock perpetual futures approvals
REGULATIONCommodity Futures Trading Commissioncoinbrief/daily · 1 source
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What happened
The SEC has sided with the CFTC in a legal dispute over stock perpetual futures from Kalshi, Coinbase and Bitnomial. With both regulators now defending the approvals, the products look safer, though one judge has signalled doubts about them.
For IT people · Written by AI from 1 source · Wrong?
What to do
- Watch for the judge's ruling on the stock perp approvals, as the article notes the judge has already signalled doubts.
Written by AI from the sources, checked against them
Full story timeline · 1 update
- Thu 12 NovemberSEC Sides With CFTC in Fight Over Stock PerpsBankless
Who reported · 1 outlet
Bankless
Who and what is in it
Government agencies