The CFTC has cleared equity perpetual futures for eligible US exchanges, bringing stock-linked contracts under joint SEC and CFTC oversight.

Cboe and Citadel Securities-backed group sues the CFTC over stock perpetual futures, arguing the contracts fall under SEC jurisdiction, not CFTC rules.

The CFTC has opened the door to perpetual futures on individual stocks, importing one of crypto’s most popular trading tools to Wall Street.