#US CFTC-approved single stock perpetual futures face lawsuit on first day of trading

About US CFTC-approved single stock perpetual futures face lawsuit on first day of trading

On November 3, 2026, the U.S. CFTC approved the first trading of single-stock perpetual futures on a regulated exchange, with Chairman Selig confirming that compliant platforms could go live the same day. On the same day, a group supported by Cboe and Citadel Securities sued the CFTC, claiming that the product falls under SEC jurisdiction and violates relevant laws. The incident has reignited the debate over the boundary between traditional finance and crypto derivatives, potentially impacting the future regulatory path for perpetual contracts in the U.S.