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Capital Markets Alliance Sues CFTC Over Stock Perpetual Futures Approval

Capital Markets Alliance Sues CFTC Over Stock Perpetual Futures Approval

Photo: TheCoinrise

A Citadel Securities-backed trade group challenges the regulator's decision to permit crypto-style perpetual futures on U.S. equities. The Capital Markets Alliance has sued the Commodity Futures Trading Commission, according to reports from Coinfomania, Crypto News Australia, and crypto.news. The group argues the agency overstepped its authority by allowing perpetual futures contracts based on U.S.

Source: TheCoinrise

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