Finance

CFTC chair Selig defends decision to approve ‘perps’ in U.S.

Michael Selig said that incumbents will always fear the future, but it's important to develop the new asset class domestically rather than only offshore.

Capital Daily Newsroom

Editorial Desk

2026-06-16 · 2 min read

CFTC chair Selig defends decision to approve ‘perps’ in U.S.

Published June 15, 2026 · Category: Finance

Overview

Michael Selig said that incumbents will always fear the future, but it's important to develop the new asset class domestically rather than only offshore.

Source

Originally published at www.cnbc.com.

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