CFTC and SEC Seek Public Input on 'Swaps' Definition Following CME Group Lawsuit
In response to a lawsuit from CME Group regarding the classification of perpetual futures, the CFTC and SEC are inviting public comments to clarify the definition of swaps.
Editorial Staff
1 min read
Updated about 9 hours ago
On June 19, 2026, CME Group initiated legal action against the CFTC, disputing its classification of perpetual futures as futures contracts rather than swaps.
This lawsuit has prompted the CFTC and SEC to request public comments to better define what constitutes a swap.
The outcome of this case could have significant implications for the regulatory landscape surrounding derivatives and trading practices.