Unchained
CME Plans to Sue the CFTC Over Its Perpetual Futures Approval as a Michigan Judge Rebuffs the Agency on Prediction Markets
CME CEO Terrence Duffy said the exchange plans to sue the CFTC, arguing Kalshi's perpetual futures are misclassified swaps, the same day a Michigan federal judge ruled sports prediction markets aren't under CFTC jurisdiction, leaving the question headed for appeals.
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