Policy
Legal Experts Back the CFTC’s Perps-as-Futures Call as It Moves to Dismiss CME’s Suit
Unchained·September 4, 2026·1 min read
The CFTC asked a judge to dismiss CME's lawsuit challenging its classification of perpetual futures as futures rather than swaps. Legal experts from Hyperliquid Policy Center, WilmerHale, and Temporal backed the CFTC's call at an Unchained panel, arguing perps are futures.
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