Hyperliquid Policy Center files amicus brief supporting CFTC against CME lawsuit
The Hyperliquid Policy Center (HPC) filed an amicus brief in the U.S. District Court for the District of Columbia supporting the CFTC and urging the dismissal of a lawsuit filed by CME Group in June. The brief, authored by former Deputy Solicitor General Elizabeth Prelogar, argues that a victory for CME could stifle innovation in U.S. futures markets by allowing incumbent firms to challenge every new product approved by the regulator.
Summaries are written by AI from the original article. Not investment advice.