How CFTC Chairman Michael Selig reversed long-standing policy to authorize perpetual crypto and stock trades on Kalshi and others, despite SEC staff concerns (New York Times)

New York Times: How CFTC Chairman Michael Selig reversed long-standing policy to authorize perpetual crypto and stock trades on Kalshi and others, despite SEC staff concerns — After a federal regulator allowed wagering on stocks and cryptocurrencies, two powerful trading clearinghouses filed…