Seventh Circuit Denies CFTC Mandamus, Kraft and Mondelēz Win as Subpoenas Stay Quashed
CFTC Mandamus Bid Against Kraft Fails in Seventh Circuit. The Seventh Circuit Court of Appeals rejected the Commodity Futures Trading Commission’s (CFTC) petition for a writ of mandamus against Kraft Foods Group and Mondelēz Global, upholding a lower court’s block on CFTC subpoenas in a high-stakes probe into potential swaps violations. This rare procedural smackdown…
