CME Group is suing the CFTC over its approval of perpetual futures, arguing they should be classified as swaps under Dodd-Frank. Here's what it means for

CME Group CEO Terry Duffy plans to sue the CFTC over its approval of Kalshi's bitcoin perpetual futures contract, citing legal and investor protection

Outgoing CME CEO Terrence Duffy said that the exchange operator will sue the CFTC over the agency’s decision to approve perpetual futures.