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Ondo urges SEC, CFTC to bring stock perpetuals onshore

Ondo Finance urged the SEC and CFTC to bring perpetual futures tied to individual stocks onshore, saying the products can operate under the existing US security futures framework without new rules.

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Ondo Finance is urging US regulators to bring perpetual futures tied to individual stocks onshore, arguing that the products can already operate under the country’s existing security futures framework without new rules.In three Aug.

24 comment letters to the Securities and Exchange Commission (SEC…