News: Regulation
CFTC proposes new CPO and CTA exemptions; comments due October 5
A CFTC proposal would exempt some SEC-registered advisers and double the Small Pool Exemption threshold.
Court stays discovery in McCrudden v. Topstep pending arbitration
A Florida magistrate judge paused discovery in the McCrudden suit until the arbitration motion is decided.
Trader who spent $404,941 on Apex accounts sues over commodity pool
A federal suit in Texas alleges Apex Trader Funding operated an unregistered commodity pool.
Apex asks Florida court to dismiss trader suit or order arbitration
Apex refiled its motion to dismiss or compel arbitration on July 16; trial term is set for December 2027.
CFTC stays CME's 24/7 crude oil contract; futures hours unchanged
The CFTC stayed NYMEX's 10-Barrel WTI listing a day before around-the-clock crude trading could start.
CFTC seeks comment on 24/7 futures and energy perpetual contracts
The CFTC opened public comment on 24/7 trading of standard futures and on energy perpetual contracts.