WuBlockchain has learned that the U.S. Commodity Futures Trading Commission (CFTC) Division of Market Oversight has issued a no-action letter to a Designated Contract Market (DCM), allowing it to convert its existing broad-based securities index 'perpetual' futures into true broad-based securities index perpetual futures, provided certain customer protection and procedural conditions are met. These conditions include seeking input from market participants with open positions, providing advance notice and an exit opportunity, disclosing associated risks, and not altering other significant contract terms. The DCM must also submit amendments under CFTC Regulations 40.5 or 40.6 and confirm compliance with all conditions. This no-action position will expire on October 20, 2026. https://(wublock123.com)/news/cftc-allows-dcm-to-convert-broad-based-securities-index-perp-to-true-perpetual-69563