SEC backs CFTC in legal fight over stock perpetual futures approvals
REGULATIONCommodity Futures Trading Commissioncoinbrief/daily · 1 source
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What happened
US regulators are defending their decision to approve trading products that track company shares, known as stock perps. The products come from Kalshi, Coinbase and Bitnomial. A judge has already raised doubts about the approvals.
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What to do
- Watch for the judge's ruling on the stock perp approvals, as the article notes the judge has already signalled doubts.
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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