Seventh Circuit Rejects CFTC’s Commodity Pool Theory in Conway Trust Case
Seventh Circuit Slams CFTC Overreach in Conway Trust Case The Seventh Circuit just told the CFTC it cannot rewrite federal law to chase trust-held positions. In a 3-0 decision, the court reversed the agency’s attempt to treat Conway Family Trust as a single “commodity pool” and slap the trustees with registration and reporting obligations they…
