CME to Sue Commodity Futures Trading Commission Over Approval of Perpetual Futures
CME Group announced it will sue the Commodity Futures Trading Commission (CFTC) over its approval of perpetual futures contracts. CEO Terry Duffy criticized these instruments for their high leverage and lack of expiration dates, warning they pose risks to retail investors.
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Topics: CME Group Commodity Futures Trading Commission (CFTC) derivatives regulation perpetual futures