Landmark CFTC Win: Ninth Circuit Rules Margined Forex a Commodity
CFTC Crushes Forex Broker in Landmark Crypto Win The Ninth Circuit just handed the CFTC a major victory, ruling that a forex broker’s retail commodity transactions via online platforms count as illegal off-exchange trading under federal law. Monex Deposit Company and its affiliates lose big, facing millions in penalties for dodging registration requirements. This sharpens…
