[CFTC Grants Temporary Exemption, U.S. Designated Contract Markets Can Convert Certain Contracts to Perpetual Contracts Without Expiration Date] Odaily Planet Daily News: The U.S. Commodity Futures Trading Commission (CFTC) has issued a "no-action" exemption, allowing designated contract markets (DCMs) to convert certain existing contracts that essentially already possess characteristics of perpetual contracts into "true" perpetual contracts without expiration dates. This exemption is valid until October 20. Before conversion, exchanges must consult with holders of open positions, provide advance notice, and offer them an opportunity to exit, while also providing risk disclosures.