Perpetual Futures
1 articles tagged "Perpetual Futures".
Regulatory Headwinds Gather for Prediction Markets: Gensler and CME Launch Dual Challenges
Former CFTC chair Gary Gensler and the Chicago Mercantile Exchange (CME) have launched separate challenges against prediction markets, raising significant regulatory concerns. Gensler opposes CFTC oversight of sports event contracts, arguing they aren't financial swaps, while the CME is suing the CFTC over the approval of perpetual futures, claiming a misinterpretation of derivative definitions.