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CFTC’s Perpetual-Futures Relief Comes With a Short Fuse: What Happens After October 20?
The Commodity Futures Trading Commission (CFTC) has consistently opened fast-track regulatory pathways for Designated Contract Markets (DCMs) seeking to transform existing perpetual-style derivative contracts into true perpetual futures. While these conditional no-action positions offer crucial relief, they are characterized by remarkably tight expiration dates, presenting immediate operational hurdles for market participants diligently tracking the agency’s…
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