Seventh Circuit Forces CFTC to Honor Kraft–Mondelēz Settlement, Rejects Reopening Tactic
COURT SLAPS CFTC IN KRAFT MANDAMUS FIGHT The Seventh Circuit just told the CFTC it cannot rewrite history to dodge a settlement it already signed. The agency tried to erase its own consent order by claiming it never really agreed to drop civil charges against Kraft and Mondelēz over alleged wheat-futures manipulation. Judges said no,…
