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    • FRAUD AND MANIPULATION—N.D. Ill.: Sprout Social will face fraud suit over ‘upmarket‘ shift
    • CFTC NEWS AND SPEECHES—Commission issues no-action letter for DCMs converting perpetual futures
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    • FEDERAL PREEMPTION—7th Cir.: District court should’ve blocked Wisconsin from enforcing gambling laws, argues Kalshi as amicus
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    • FRAUD AND MANIPULATION—S.D.N.Y.: Former CIO of Western Asset consents to final judgment and pleads guilty
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    Securities Regulation Daily Wrap Up, CFTC NEWS AND SPEECHES—Commission issues no-action letter for DCMs converting perpetual futures, (Oct 7, 2026)

    By Suzanne Cosgrove

    The letter was issued by the CFTC in response to a request from Coinbase Derivatives, LLC, a designated contract market.

    The CFTC’s Division of Market Oversight has issued no-action relief to designated contract markets seeking to convert their ...

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