CFTC and SEC Team Up to Legalize 24/7 Equity Perps in the US @CFTC Chairman @ChairmanSelig has allowed permanent futures in individual stocks to trade on both CFTC-registered exchanges, in collaboration with @SECGov Chairman @SECPaulSAtkins. This brings perpetual contracts under regulation. US traders onshore will have access to continuous equity leverage, and the move aims to bring billions in volume back to US clearinghouses from offshore locations. The new model ensures unified regulation for perps. The most favored cryptocurrency instrument on Wall Street is gaining popularity now.

CFTC pushes back on CME over Kalshi's Bitcoin perps: where's the evidence of harm? "U.S. CFTC rebuffed CME legal stance in consequential fight over perpetual futures." "Kalshi got Bitcoin perpetual and the CME freaked the F out. They were like, bro, slow down. That's better than what we have." "Therefore, it must be illegal. There is no way that a better product could possibly exist that we did not innovate on." "The CME complained. We're going to sue. I'm going to call my mom. She said you can't do it." "The CFTC basically responded, and were like, show me on the doll where perpetuals hurt you. Because there's no evidence that this has hurt the CME, and the CFTC asked for that evidence and there is not. Shocker."

.@CFTC is rooted in agricultural commodities trading, and after nearly 51 years, as we celebrate National Farmer’s Day, the agency remains committed to ensuring American farmers can effectively manage risk using the derivatives markets. The Agricultural Commodity Futures Conference returns on Oct. 22. Join government officials, agribusiness leaders, and academia in Kansas City for this exciting event. Register today: #NationalFarmersDay#

CFTC Chairman Michael Selig on the new event contracts proposal: “These products are commodity derivatives squarely within the CFTC’s regulatory remit under the Commodity Exchange Act and are within the agency’s exclusive jurisdiction.”