CFTC Opens U.S. Markets to Crypto-Style Perpetual Futures…
By Abdelaziz Fathi
AI summary of the source article
The Commodity Futures Trading Commission has cleared perpetual futures tied to individual stocks for trading on regulated U.S. exchanges. The contracts will operate within the existing security futures framework under joint CFTC and SEC oversight.
Why it matters
The decision removes a major regulatory obstacle for exchanges seeking to offer leveraged exposure to U.S. stocks without fixed contract expiration dates.
Key facts
- CFTC Chairman Michael Selig announced on November 3 that equity perpetual futures were approved under Regulation 40.3.
- The contracts operate as security futures products subject to joint oversight by the CFTC and the SEC.
- The CFTC did not identify which specific exchanges received approval or when trading would begin.
Source excerpt · FinanceFeeds
The Commodity Futures Trading Commission has cleared perpetual futures tied to individual stocks for trading on regulated U.S. exchanges for the first time, extending a derivatives model popularized by cryptocurrency markets into traditional equities. CFTC Chairman Michael Selig announced on November 3 that the contracts, known as equity perps, were deemed approved under Regulation 40.3. They will…