NasdaqGS:CMECapital Markets
CME Group (CME) Sues CFTC Over Crypto Perpetual Futures Approval
CME Group (NasdaqGS:CME) has filed a lawsuit against the Commodity Futures Trading Commission over the regulator's approval of crypto perpetual futures.
The case centers on how these perpetual futures are classified under Dodd-Frank and raises concerns about regulatory arbitrage and benchmark licensing.
This dispute marks a rare public clash between CME Group and its primary U.S. derivatives regulator.
CME Group, the operator of major futures and options exchanges, sits at the center of...