Seventh Circuit Slams CFTC Overreach: Family Trusts Won’t Register as Commodity Pools
CFTC Power Grab Shot Down: Trusts Win Big on Commodity Futures Rules The Seventh Circuit just slammed the brakes on the CFTC’s overreach, ruling that family trusts like the Conway Family Trust don’t need to register as commodity pool operators just for holding futures contracts in diversified portfolios. This decision guts a broad 2017 CFTC…
