CFTC chief Selig backs domestic approval of perpetual futures, signaling a regulatory push for a new U.S. derivative asset classExecutive summary: CFTC Chair Michael Selig defended the agency's approval of perpetual futures contracts in the United States. The decision aims to foster domestic development of a new asset class, potentially reshaping market structure and competition. Michael Selig, the Commodity Futures Trading Commission, and market participants interested in regulated perpetual futures. Further regulatory scrutiny and possible expansions of approved perpetual futures products are expected in the coming weeks.On June 15, 2026, CFTC Chair Michael Selig defended the agency's approval of perpetual futures contracts, stating that domestic development is vital to prevent incumbents from fearing only offshore growth. The move aims to create a new asset class while addressing market structure concerns. It reflects ongoing scrutiny of crypto‑related derivatives and could reshape competitive dynamics.Connected developmentsCFTC sues Rhode Island over prediction market regulationOpen the full case file on Beyond →
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