CFTC chair Selig defends decision to approve ‘perps’ in U.S.

Commodity Futures Trading Commission chair Michael Selig weighed into the perpetual futures debate in a Monday appearance on CNBC’s “Fast Money,” defending his agency’s decision to approve the asset domestically. Selig said that incumbents will always fear the future, but that the commission is looking to onshore products that are being developed internationally to ensure…

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Charlie Javice reportedly seeking a pardon from Trump

Charlie Javice leaves Manhattan federal court after being sentenced to 85 months in prison for defrauding JPMorgan Chase & Co., in New York City, U.S., Sept. 29, 2025. Jeenah Moon | Reuters Charlie Javice, who was convicted of defrauding JPMorgan Chase after selling her company, is seeking a pardon from the Trump administration, The Wall…

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Small investors scrambled to get in on the SpaceX IPO, even as some believe the valuation is ‘stupid’

Marvin Jung isn’t buying into SpaceX because he thinks it’s a bargain. The 51-year-old regional director of operations in veterinary care believes Elon Musk’s rocket company is coming public at a valuation that is “really, really aggressive.” Yet, he still requested 1,000 shares through Robinhood, betting enthusiasm for one of the world’s most anticipated initial…

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