Ninth Circuit Rules Leveraged Metals Are Futures, Expanding CFTC Authority
CFTC Wins Key Ninth Circuit Win Over Monex The Ninth Circuit just handed the CFTC its biggest enforcement victory yet in the digital asset space, reversing a lower court and ruling that leveraged precious-metals contracts sold through Monex are futures contracts subject to the agency’s anti-fraud authority. The decision instantly widens the CFTC’s reach over…
