🚨WALL STREET FIRMS FIGHT BACK AS CFTC GREENLIGHTS EQUITY PERPS! Capital Markets Alliance, a group backed by Citadel Securities and Cboe, has sued the CFTC to block its approval of single-stock perpetual futures. The lawsuit, filed the same day the regulator cleared the products, claims the contracts are securities-based swaps that belong under SEC jurisdiction. Cboe’s CEO said the move threatens the framework that has governed U.S. securities markets for decades.
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