Seventh Circuit Upholds CFTC Ruling: Conway Family Trust Must Register as Commodity Pool Operator
CFTC Ruling Stands: Trusts Can’t Dodge Futures Rules The Seventh Circuit just upheld the Commodity Futures Trading Commission’s (CFTC) smackdown on the Conway Family Trust, ruling that even trusts trading commodity futures must register as commodity pool operators (CPOs). This ends a years-long fight by the Conways, who argued their family trust was too “private”…
