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CME Chief Executive Terrence Duffy said the derivatives provider planned to sue the U.S. Commodity Futures Trading Commission (CFTC) after it approved perpetual futures products earlier this month. The CFTC’s approval of Kalshi’s perpetual futures product did not meet the requirements of the Dodd-Frank Act governing swaps, he told CNBC on Wednesday. “Under the Dodd-Frank…
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India-US interim FTA in final stages A day after PM Modi’s meeting with US President Trump, govt said on Thursday that significant progress had already been made on the India-US interim free trade bilateral agreement and the two countries are in the final stages of concluding that agreement. Briefing reporters about Modi’s G7 engagements, foreign…
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