CFTC Opens Equity Perps Trading and Accepts Hours Later - The CFTC has approved the trading of perpetual futures on individual US stocks, classified as securities under federal law, allowing US traders access to popular products abroad. • A lawsuit was filed by the Capital Markets Alliance, supported by Cboe and Castion Securities, alleging that the CFTC overstepped its authority and focused on the SEC's jurisdiction. The CFTC described the lawsuit as a troubling interference in regulated markets, emphasizing the need for governance under the law rather than litigation to foster innovation.