The U.S. Commodity Futures Trading Commission has been pulled into a legal dispute after opening a path for perpetual contracts tied to stocks. According to CoinDesk, a group backed by Citadel Securities and other firms sued the derivatives regulator, arguing that stock perpetuals fall under the jurisdiction of the U.S. Securities and Exchange Commission rather than the CFTC. The case puts the regulatory boundary between derivatives oversight and securities supervision back in focus. The report did not provide further details on the claims beyond the group’s position that the product belongs in the SEC’s hands.
The U.S. Commodity Futures Trading Commission (CFTC) is facing a legal challenge after opening a path for perpetual contracts tied to stocks.
According to CoinDesk, a group backed by Citadel Securities and other firms sued the U.S. derivatives regulator, arguing that stock perpetuals belong under the authority of the U.S. Securities and Exchange Commission (SEC), not the CFTC.
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