CFTC Wins in Monex Case: Leveraged Retail Forex Declared a Commodity, Core Metals Sales Exempt
CFTC Clips Monex Wings: Metals Dealers Dodge Forex Commodity Label The Ninth Circuit just handed the CFTC a partial win in its long-running battle against Monex, ruling that the metals dealer’s online retail forex trading with leveraged leverage qualifies as illegal commodity transactions—but sparing its core precious metals sales from the same fate. This decision…
