{"id":4722,"date":"2026-06-16T07:14:30","date_gmt":"2026-06-16T07:14:30","guid":{"rendered":"https:\/\/echeloncreativemedia.com\/marketvows\/2026\/06\/16\/cftc-chair-michael-selig-vigorously-defends-approval-of-perpetual-futures-in-us-markets-dismissing-criticisms\/"},"modified":"2026-06-16T07:14:30","modified_gmt":"2026-06-16T07:14:30","slug":"cftc-chair-michael-selig-vigorously-defends-approval-of-perpetual-futures-in-us-markets-dismissing-criticisms","status":"publish","type":"post","link":"https:\/\/echeloncreativemedia.com\/marketvows\/2026\/06\/16\/cftc-chair-michael-selig-vigorously-defends-approval-of-perpetual-futures-in-us-markets-dismissing-criticisms\/","title":{"rendered":"CFTC Chair Michael Selig Vigorously Defends Approval of Perpetual Futures in US Markets, Dismissing Criticisms"},"content":{"rendered":"<p>Commodity Futures Trading Commission (CFTC) Chair Michael Selig firmly defended his agency&#8217;s decision to permit perpetual futures, or &#8216;perps,&#8217; in the U.S., emphasizing the importance of domestic development for these innovative, non-expiring contracts. Speaking on CNBC&#8217;s &#8216;Fast Money,&#8217; Selig countered concerns from industry incumbents and dismissed notions of retail investor disadvantage due to complexity, asserting the need for robust regulation while fostering financial innovation. The move, which saw prediction platform Kalshi become the first to offer bitcoin perpetual futures, has already generated significant trading volume despite criticism from traditional exchanges like CME Group.<\/p>\n<div class=\"InlineVideo-videoEmbed\" id=\"InlineVideo-0\" data-test=\"InlineVideo\">\n<div class=\"InlineVideo-wrapper\">\n<div class=\"InlineVideo-inlineThumbnailContainer\"><img decoding=\"async\" class=\"InlineVideo-videoThumbnail\" src=\"https:\/\/image.cnbcfm.com\/api\/v1\/image\/108322227-17815608231781560819-46568443777-1080pnbcnews.jpg?v=1781560822&amp;w=750&amp;h=422&amp;vtcrop=y\" alt=\"CFTC Chair Michael Selig tackles perpetual futures \u2018misconceptions\u2019\"><span class=\"InlineVideo-videoButton\"><\/span><span><\/p>\n<div class=\"undefined PlayButton-container\" data-test=\"PlayButton\">\n<div class=\"PlayButton-featured PlayButton-base\" data-type=\"play\"><span class=\"PlayButton-suppressFlyout PlayButton-flyout\">watch now<\/span><span class=\"icon-play-triangle PlayButton-icon\"><\/span><\/div>\n<\/div>\n<p><\/span><\/div>\n<\/div>\n<\/div>\n<p><\/p>\n<p style=\"text-align: left;font-style: normal;font-weight: bold\"><a href=\"https:\/\/www.cnbc.com\/2024\/06\/10\/cftc-chair-selig-defends-perpetual-futures-approval-us.html\" target=\"_blank\" rel=\"noopener noreferrer\">READ MORE FROM CNBC<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Commodity Futures Trading Commission (CFTC) Chair Michael Selig firmly defended his agency&#8217;s decision to permit perpetual futures, or &#8216;perps,&#8217; in the U.S., emphasizing the importance of domestic development for these innovative, non-expiring contracts. Speaking on CNBC&#8217;s &#8216;Fast Money,&#8217; Selig countered concerns from industry incumbents and dismissed notions of retail investor disadvantage due to complexity, asserting [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":4723,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/image.cnbcfm.com\/api\/v1\/image\/108322227-17815608231781560819-46568443777-1080pnbcnews.jpg?v=1781560822&w=750&h=422&vtcrop=y","fifu_image_alt":"","footnotes":""},"categories":[28,29],"tags":[],"class_list":["post-4722","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","category-global-affairs","rifnote_country-u-s","rifnote_executive-donald-trump-jr","rifnote_executive-michael-selig","rifnote_executive-tarek-mansour","rifnote_executive-terrence-duffy"],"fifu_image_url":"https:\/\/image.cnbcfm.com\/api\/v1\/image\/108322227-17815608231781560819-46568443777-1080pnbcnews.jpg?v=1781560822&w=750&h=422&vtcrop=y","_links":{"self":[{"href":"https:\/\/echeloncreativemedia.com\/marketvows\/wp-json\/wp\/v2\/posts\/4722","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/echeloncreativemedia.com\/marketvows\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/echeloncreativemedia.com\/marketvows\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/echeloncreativemedia.com\/marketvows\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/echeloncreativemedia.com\/marketvows\/wp-json\/wp\/v2\/comments?post=4722"}],"version-history":[{"count":0,"href":"https:\/\/echeloncreativemedia.com\/marketvows\/wp-json\/wp\/v2\/posts\/4722\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/echeloncreativemedia.com\/marketvows\/wp-json\/wp\/v2\/media\/4723"}],"wp:attachment":[{"href":"https:\/\/echeloncreativemedia.com\/marketvows\/wp-json\/wp\/v2\/media?parent=4722"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/echeloncreativemedia.com\/marketvows\/wp-json\/wp\/v2\/categories?post=4722"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/echeloncreativemedia.com\/marketvows\/wp-json\/wp\/v2\/tags?post=4722"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}