Seventh Circuit Confirms CFTC Swaps Authority, Dims SEC Interference in Kraft-Mondelēz Case
SEC Crushed: Kraft Case Hands CFTC Crypto Turf Victory In a sharp rebuke to the SEC, the Seventh Circuit Court of Appeals just greenlit the CFTC’s probe into Kraft Foods and Mondelēz over alleged swaps manipulation, slamming the door on SEC interference claims. This mandamus ruling upends turf wars between regulators, potentially handing CFTC the…
