CFTC grants time-limited no-action relief to let exchanges convert into true perpetual index futures

The CFTC’s Division of Market Oversight issued no-action relief allowing designated contract markets to convert certain “perpetual-style” broad-based security index futures into true perpetual futures—by removing expiration dates—if they meet customer-protection and filing conditions. The staff relief, set out in CFTC Staff Letter No. 26-29, expires October 20, 2026, the agency said.