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 backed the CFTC's approvals of stock perpetual futures offered by Kalshi, Coinbase and Bitnomial, so both agencies are now defending them in court. The article says one judge has already signalled doubts about the approvals, but it gives no ruling, timeline or case details. The next thing to watch is the judge's decision.
For experienced traders · 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