Kalshi’s perpetual futures product did not meet the Dodd-Frank Act’s definition of a “swap” and should not have been approved, Terrence Duffy said.
CME chief executive says company plans to sue CFTC after perpetual futures approval
Kalshi’s perpetual futures product did not meet the Dodd-Frank Act’s definition of a “swap” and should not have been approved, Terrence Duffy said.