CFTC And SEC Seek Input On Derivatives Definitions As Crypto Perpetuals Face Legal Test

Crypto perps’ US future to be defined by what regulators decide to call them

The next fight over crypto perpetual futures regulation is moving into the agency comment file: a place built for lawyers, incumbents, startups, and public-interest groups. The Commodity Futures Trading Commission and Securities and Exchange Commission opened the process June 18, seeking public comment on how to further define swaps, security-based swaps, mixed swaps, novel products, event contracts, and possible alternative compliance approache…

CFTC And SEC Seek Input On Derivatives Definitions As Crypto Perpetuals Face Legal Test

The CFTC and SEC have opened a joint public comment process on derivatives product definitions, adding fresh regulatory weight to a debate that could shape how crypto perpetual futures are treated in the United States. TL;DR The agencies are seeking input on definitions under Title VII of Dodd-Frank. The move lands as perpetual futures approvals face legal scrutiny. The comment window is expected to run for 60 days after publication in the Fede…