Cboe-Backed Group Sues CFTC Over Single-Stock Perpetual Futures Approval
Capital Markets Alliance sued the CFTC Tuesday to halt its approval of single-stock perpetual futures contracts. The lawsuit followed the regulator’s approval of trading in the contracts.
By Vicky Ge HuangTrade group Capital Markets Alliance sued the Commodity Futures Trading Commission Tuesday to halt the derivatives regulator's approval of single-stock perpetual futures contracts.The lawsuit came shortly after the CFTC approved the trading of perpetual futures contracts tied to in…