The U.S. Commodity Futures Trading Commission sues Louisiana over contract market matters.
The U.S. Commodity Futures Trading Commission has sued Louisiana in an effort to stop the state from restricting CFTC-regulated designated contract markets, futures commission merchants, and derivatives clearing organizations, according to a press release. The state had previously obtained an injunction that shut down the operations of more than 30 related businesses. Louisiana is the 12th state the CFTC has sued over this issue.
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