7th Circuit Remands Question Of Commodities Trading Registration To District Court

(September 10, 2024, 2:46 PM EDT) -- CHICAGO — A panel of judges in the Seventh Circuit U.S. Court of Appeals held that an Illinois federal judge did not err when granting summary judgment in the Commodity Futures Trading Commission’s (CFTC) favor in an enforcement action it brought against an investment company and its chief executive officer on fraud claims, but the panel said it was unclear whether the company was required to register as a commodity trading adviser (CTA)...