CME Plans to Sue the CFTC Over Its Perpetual Futures Approval as a Michigan Judge Rebuffs the Agency on Prediction Markets

CME CEO Terrence Duffy said the exchange plans to sue the CFTC, arguing Kalshi's perpetual futures are misclassified swaps, the same day a Michigan federal judge ruled sports prediction markets aren't under CFTC jurisdiction, leaving the question headed for appeals. The post CME Plans to Sue the CFTC Over Its Perpetual Futures Approval as a Michigan Judge Rebuffs the Agency on Prediction Markets a