Ondo Urges SEC and CFTC to Legalize US Stock Perpetuals Onshore
Source Summary
Ondo has urged the SEC and CFTC to permit perpetual futures contracts tied to individual US stocks to operate domestically, arguing that existing US securities laws can accommodate such instruments. The company's position comes as regulators consider strategies to bring more derivatives trading activity onshore.
Why it matters
The proposal directly addresses regulatory barriers to bringing offshore derivatives trading onshore, which could reshape how US investors access leveraged stock trading.
