Outgoing CME chief Terry Duffy says perpetual futures are actually swaps under Dodd-Frank, and that the exchange will file suit Thursday.
CME Group's outgoing CEO, Terry Duffy, announced the exchange's intention to sue the CFTC. The lawsuit, expected to be filed Thursday, challenges the approval of Bitcoin perpetual futures. CME argues that these perpetual futures are effectively illegal swaps under the Dodd-Frank…
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