CME · News · 20260921N

CFTC Perpetual Futures Litigation

CME GROUP INC. · 2026-09-21 · Importance 37 · Surprise 42

CME Group is involved in a legal dispute with the U.S. Commodity Futures Trading Commission regarding whether a perpetual funding contract should be classified as a swap or a future. The classification could affect the contract’s regulatory treatment and CME Group’s ability to offer the product. The digest provides no reported dollar amount, litigation stage, or timetable for resolution.

Key facts

• CME GROUP INC. is involved in a legal dispute with the CFTC regarding the classification of a perpetual funding contract as either a swap or a future. source